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               20 November 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     283,638,943     4.75%     16,598,538     0.28%
securities
(2) Derivatives  169,148,304     2.83%      5,533,560     0.09%
(other than
options)
(3) Options and    9,236,162     0.15%      6,202,000     0.10%
agreements to
purchase/sell
Total            462,023,409     7.74%     28,334,098     0.47%

(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
                                       (GBP)
Purchase         600,000               1.1587
Purchase         951                   1.2530
Purchase         286,079               1.2530
Purchase         117,326               1.1850
Purchase         72,314                1.2508
Purchase         21,156                1.1510
Purchase         51,260                1.2530
Purchase         62,430                1.2530
Purchase         15,320                1.1510
Purchase         431,983               1.1880
Purchase         71                    Transfer
Purchase         20,000                1.2100
Purchase         16,396                1.2369
Purchase         13,705                1.1850
Purchase         600                   1.2302
Purchase         3,754                 1.2025
Sale             58,537                1.3044
Sale             830                   1.3303
Sale             1,500                 1.3133
Sale             500                   1.2770
Sale             71                    Transfer
Sale             6,000                 1.2748
Sale             50,413                1.2677
Sale             2,500                 1.2510
Sale             600,000               1.1587
Sale             2,500                 1.3083
Sale             286,079               1.2530
Sale             400                   1.2233
Sale             8,596                 1.2085
Sale             8,286                 1.2536
Sale             234,234               1.1850
Sale             253,658               1.3104
Sale             3,501                 1.2583
Sale             30,333                1.3044
Sale             117,326               1.1850
Sale             102,896               1.3044
Sale             600,000               1.1587
Sale             13,705                1.1850
Sale             1,500                 1.1833

(b)  Derivatives transactions (other than options)
Product name,  Long/Short      Number of       Price per
(e.g. CFD)     (Note 6)        Securities      unit (GBP)
CFD            Long            600000          1.1587
CFD            Long            8596            1.2085
CFD            Long            6000            1.2748
CFD            Long            782875          1.2935
CFD            Long            253658          1.3104
CFD            Short           431983          1.1879
CFD            Short           3754            1.2025
CFD            Short           600             1.2302
CFD            Short           16396           1.2368
CFD            Short           9548            1.2532
CFD            Short           81083           1.2843

(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)                 YES


Date of disclosure                         21 November 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

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   -750,000               5.5000           EURO           18/12/2009
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   2,000                  280.0000         EURO           19/12/2008
Option            Purchased   -3,000,000             3.0000           AMER           19/12/2008
Option            Purchased   -1,000                 380.0000         EURO           19/12/2008
Option            Purchased   -1,000,000             5.5000           EURO           19/12/2008
Option            Purchased   6,000,000              3.8000           AMER           19/12/2008
Option            Purchased   -450,000               4.5000           EURO           17/12/2010
Option            Purchased   32,662                 6.5500           EURO           01/07/2009
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              4.6000           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

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