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               22 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       277,487,707     4.88%   44,390,317    0.78%
securities
(2) Derivatives    174,427,642     3.07%    1,056,355    0.02%
(other than
options)
(3) Options and      9,203,500     0.16%    6,202,000    0.11%
agreements to
purchase/sell
Total              461,118,849     8.11%   51,648,672    0.91%

(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      930,481              2.7989
Purchase      8,508                2.8104
Purchase      146,312              2.8954
Purchase      100,000              2.7000
Purchase      72,491               3.0959
Purchase      182,361              3.0959
Purchase      375,898              2.7000
Purchase      107,270              3.1793
Purchase      1,554                2.8575
Purchase      142,589              2.7000
Purchase      750,000              2.8696
Purchase      40,690               3.1793
Purchase      1,000,000            2.9000
Purchase      291,378              2.7000
Purchase      2,883                2.7500
Purchase      6,000                3.6000
Purchase      75,526               2.9140
Purchase      262,298              2.7000
Purchase      100,000              2.7027
Purchase      1,000,000            2.9000
Purchase      647,533              2.7000
Purchase      58,707               2.9140
Purchase      110,837              2.7000
Purchase      235,558              2.7500
Purchase      167,003              2.8575
Purchase      49,883               2.7784
Purchase      199,104              2.9140
Purchase      7,565                2.8575
Purchase      211,540              2.7000
Purchase      187,679              2.7000
Purchase      732,999              2.7000
Purchase      587,913              2.8435
Purchase      1,350                2.8049
Purchase      31,629               3.1793
Purchase      552,706              2.7830
Purchase      5,742                2.7750
Purchase      10,264               2.7750
Purchase      2,483                2.7350
Purchase      52,628               3.0959
Purchase      6,808                2.7500
Purchase      135,726              2.7500
Purchase      670,241              2.8575
Purchase      750,000              2.8696
Purchase      100,000              2.7500
Purchase      15,876               2.7500
Purchase      4,415                2.9231
Purchase      721,898              2.8167
Purchase      119,787              2.7500
Sale          6,574                2.7808
Sale          397,823              2.7853
Sale          12,965               2.7500
Sale          119,787              2.7500
Sale          32,172               2.7853
Sale          910                  2.7853
Sale          4,472                2.9018
Sale          2,826                2.8185
Sale          2,070                2.8676
Sale          7,270                2.7844
Sale          213,396              2.8844
Sale          1,148                2.8046
Sale          750,000              2.8696
Sale          1,864,125            2.8185
Sale          626,763              2.8315
Sale          14,182               2.8575
Sale          167,003              2.7994
Sale          1,554                2.8575
Sale          15,250               2.8575
Sale          4,365                2.8637
Sale          98,744               2.7500
Sale          24,720               2.7500
Sale          7,565                2.8575
Sale          7,900                2.9018
Sale          2,000                2.8675
Sale          723                  2.9250
Sale          5,256                2.9018
Sale          210                  2.8751
Sale          46,138               2.9018
Sale          6,688                2.9018
Sale          410,904              2.8005
Sale          5,082                2.9018
Sale          8,122                2.8575
Sale          13,955               2.7775
Sale          4,140                2.9026
Sale          1,000,000            2.9000
Sale          167,003              2.8575

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Long          7270          2.7844
CFD            Long          410904        2.8005
CFD            Long          1148          2.8045
CFD            Long          4365          2.8637
CFD            Long          213396        2.8843
CFD            Short         100000        2.7
CFD            Short         100000        2.7027
CFD            Short         552706        2.7829
CFD            Short         930481        2.7989
CFD            Short         1350          2.8048
CFD            Short         8508          2.8103
CFD            Short         721898        2.8167
CFD            Short         750000        2.8696
CFD            Short         5186          2.8938
CFD            Short         146312        2.8953

(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                         23 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   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
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   2,000                  280.0000         EURO           19/12/2008
Option            Purchased   1,000                  600.0000         EURO           18/12/2009
Option            Purchased   500                    460.0000         EURO           19/12/2008
Option            Purchased   -1,000                 600.0000         EURO           18/12/2009
Option            Purchased   -1,000                 600.0000         EURO           18/12/2009

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