Rule 8.3 - LLOYDS TSB GROUP

FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
              (Rule 8.3 of the City Code on Takeovers and Mergers)


1.   KEY INFORMATION

Name of person dealing        BARCLAYS PLC
(Note 1)
Company dealt in              LLOYDS TSB GROUP
Class of relevant security    ORD GBP0.25
to which the dealings being
disclosed relate (Note 2)
Date of dealing               18 September 2008

2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                            Long                     Short

                      Number       (%)         Number     (%)

(1) Relevant       280,811,781     4.94%   20,200,294    0.36%
securities
(2) Derivatives    156,528,545     2.75%    5,319,600    0.09%
(other than
options)
(3) Options and      9,203,500     0.16%    6,203,750    0.11%
agreements to
purchase/sell
Total              446,543,826     7.85%   31,723,644    0.56%

(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of                    Long                     Short
relevant
security:

                  Number              (%)   Number              (%)

(1) Relevant
securities

(2) Derivatives
(other than
options)

(3) Options and
agreements to
purchase/sell

Total


  (c)  Rights to subscribe (Note 3)

Class of relevant security:   Details



3.   DEALINGS (Note 4)

  (a)  Purchases and sales

Purchase/sale Number of Securities Price per unit
Purchase      2,880,854            2.4845
Purchase      986,054              2.6211
Purchase      1,904,973            2.5222
Purchase      7,587                2.7254
Purchase      540                  2.7904
Purchase      107,000              2.7100
Purchase      600,000              2.6414
Purchase      318,341              2.7536
Purchase      3,812                2.6100
Purchase      4,536                2.3750
Purchase      400,000              2.3413
Purchase      220                  Transfer
Purchase      475,538              2.5141
Purchase      1,753,542            2.7517
Purchase      10,000               2.5300
Purchase      96,572               2.6338
Purchase      137,835              2.5141
Purchase      17,736               2.8100
Purchase      100,000              2.9000
Purchase      532,230              2.7975
Purchase      1,250,000            2.6192
Purchase      67,580               2.7381
Purchase      2,800,000            2.9200
Purchase      335,994              2.5679
Purchase      529,239              2.4919
Purchase      266,549              2.4966
Purchase      400,000              2.5650
Purchase      4,400                2.4562
Purchase      315,035              2.8504
Purchase      8,000,000            2.3669
Purchase      220                  Transfer
Purchase      54,409               2.4464
Purchase      192,667              2.5141
Purchase      17,696               2.3750
Purchase      11,514               2.5202
Purchase      6,000                2.4975
Purchase      2,028,439            2.6766
Purchase      760                  2.6300
Sale          11,966               2.6166
Sale          1,065                2.4725
Sale          5,900                2.4075
Sale          64,471               2.7010
Sale          2,000                2.8300
Sale          1,170                2.4075
Sale          2,016                2.9500
Sale          600,000              2.6414
Sale          220                  Transfer
Sale          650                  2.4775
Sale          220                  Transfer
Sale          3,745                2.9025
Sale          386,125              3.0720
Sale          1,100                2.4075
Sale          433,439              2.5582
Sale          2,800,000            2.9200
Sale          400,000              2.5650
Sale          2,000                2.4075
Sale          935                  2.9275
Sale          362,200              2.4503
Sale          2,880,854            2.4845
Sale          600                  2.4075
Sale          5,300                2.4075
Sale          2,364,197            2.6990
Sale          6,192                2.9257
Sale          1,750,289            2.7481
Sale          2,061,761            2.7419
Sale          8,000,000            2.3669
Sale          284,357              2.6811
Sale          1,653                Transfer
Sale          36,133               2.3750
Sale          10,070               2.4075
Sale          298,068              2.8070
Sale          4,900                2.7352
Sale          400,000              2.5650
Sale          2,630                2.3367
Sale          400,000              2.3413
Sale          2,150                2.4075
Sale          2,550                2.4075
Sale          2,400                2.9100
Sale          1,250,000            2.6192
Sale          4,880                Transfer
Sale          550                  Transfer
Sale          900                  2.9500
Sale          1,500                2.9275
Sale          1,000                2.4075
Sale          2,028,439            2.6763
Sale          3,000                2.4075
Sale          600                  2.4075
Sale          21,682               2.6279
Sale          95,820               2.3750
Sale          1,000                2.4075
Sale          2,151                2.3750
Sale          2,940                2.4075


NB: The below transactions which were previously disclosed have been cancelled
Deal Date  Purchase/Sale Number of Securities Price per unit (GBP)
17/09/2008 Sale          379,305              2.9639

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Long          2630          2.3367
CFD            Long          158817        2.375
CFD            Long          362200        2.4503
CFD            Long          2880854       2.4844
CFD            Long          433439        2.5581
CFD            Long          400000        2.565
CFD            Long          14379         2.5944
CFD            Long          21682         2.6278
CFD            Long          2028439       2.6763
CFD            Long          284357        2.681
CFD            Long          2364197       2.6989
CFD            Long          64471         2.7009
CFD            Long          4900          2.7352
CFD            Long          2061761       2.7418
CFD            Long          1750289       2.748
CFD            Long          298068        2.807
CFD            Long          6192          2.9257
CFD            Long          386125        3.072
CFD            Short         54409         2.4464
CFD            Short         4400          2.4562
CFD            Short         2880854       2.4844
CFD            Short         266549        2.4966
CFD            Short         1904973       2.5222
CFD            Short         335994        2.5679
CFD            Short         699659        2.5926
CFD            Short         96572         2.6337
CFD            Short         2028439       2.6765
CFD            Short         286395        2.6906
CFD            Short         7587          2.7254
CFD            Short         67580         2.7381
CFD            Short         1812          2.7388
CFD            Short         1753542       2.7517
CFD            Short         318341        2.7535
CFD            Short         540           2.7903
CFD            Short         315035        2.8504
CFD            Short         212716        2.8552
CFD            Short         284049        2.866
Swap           Long          4000000       3.465
Swap           Short         8000000       3.465

Long/Short Number of Securities Price per unit (GBP)
NB: The below transactions which were previously disclosed have been cancelled
Deal Date  Long/Short Number of Securities Price per unit (GBP)
17/09/2008 Long       379,305              2.9638


(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product name,   Writing,          Number of          Exercise  Type, e.g.      Expiry   Option money
e.g. call       selling,          securities to      price     American,       date     paid/received
option          purchasing,       which the option             European etc.            per unit (GBP)
                varying etc.      relates (GBP)


(ii) Exercising

Product name, e.g.  Number of           Exercise price per
call option         securities          unit (Note 5)




(d)  Other dealings (including new securities) (Note 4)


Nature of transaction Details           Price per unit
(Note 8)                                (if applicable)
                                        (Note 5)




4.   OTHER INFORMATION
None

Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.




Is a Supplemental Form 8 attached? (Note 9)                 NO


Date of disclosure                         19 September 2008
Contact name                               Geoff Smith
Telephone number                           020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)


Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk


Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk

SUPPLEMENTAL FORM 8

DETAILS OF OPEN POSITIONS
(This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as appropriate)

OPEN POSITIONS (Note 1)
Product name,     Written or  Number of securities   Exercise price   Type, e.g.     Expiry date
e.g. call option  purchased   to which the option    (Note 2)         American,
                              or derivative relates                   European etc.
Option            Purchased   -450,000               4.5000           EURO           17/12/2010
Option            Purchased   -750,000               5.5000           EURO           18/12/2009
Option            Purchased   -1,000,000             5.5000           EURO           19/12/2008
Option            Purchased   -1,000,000             4.6000           EURO           18/12/2009
Option            Purchased   -3,000,000             3.0000           AMER           19/12/2008
Option            Purchased   6,000,000              3.8000           AMER           19/12/2008
Option            Purchased   1,000,000              5.5000           EURO           19/12/2008
Option            Purchased   1,000,000              4.6000           EURO           18/12/2009
Option            Purchased   750,000                5.5000           EURO           18/12/2009
Option            Purchased   450,000                4.5000           EURO           17/12/2010



Notes

1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given.
Full details of any  existing agreements to purchase or to sell  should also be given on this form.

2. For all prices and other monetary amounts, the currency must be stated.

For details of the Code's dealing disclosure requirements, see Rule 8 and its Notes which can be viewed on the Takeover
Panel's website at www.thetakeoverpanel.org.uk