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               12 December 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       289,761,084     4.85%    3,780,488    0.06%
securities
(2) Derivatives    155,855,298     2.61%    2,909,130    0.05%
(other than
options)
(3) Options and      9,376,391     0.16%    6,202,000    0.10%
agreements to
purchase/sell
Total              454,992,773     7.62%   12,891,618    0.22%

(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        572,305                1.3264
Purchase        285,500                1.3176
Purchase        4,352                  1.5010
Purchase        21,627                 1.2990
Purchase        374,612                1.6710
Purchase        2,300                  1.2960
Purchase        35,000                 1.3006
Purchase        60,259                 1.3533
Purchase        11,000,000             1.3150
Purchase        8,332                  1.5800
Purchase        59,106                 1.5800
Purchase        15,166                 1.2990
Purchase        15,518                 1.2990
Purchase        31,800                 1.5800
Purchase        10,580                 1.2990
Purchase        3,571                  1.2990
Purchase        5,923                  1.2990
Purchase        3,804                  1.2990
Sale            3,000                  1.2825
Sale            4,046                  1.3785
Sale            516,882                1.3406
Sale            2,200                  1.3410
Sale            239                    1.3040
Sale            7,461                  1.2850
Sale            59,106                 1.5800
Sale            200,000                1.2870
Sale            8,332                  1.5800
Sale            2,395                  1.2995
Sale            35,000                 1.3006
Sale            500                    1.3365
Sale            600                    1.3475
Sale            6,170                  1.3053
Sale            8,149                  1.3125
Sale            350                    1.3170
Sale            4,000                  1.3100

(b)  Derivatives transactions (other than options)
Product name,  Long/Short      Number of       Price per
(e.g. CFD)     (Note 6)        Securities      unit (GBP)
CFD            Long            6170            1.3052
CFD            Long            8149            1.3125
CFD            Long            191256          1.3292
CFD            Long            500             1.3365
CFD            Long            13307           1.3446
CFD            Short           2300            1.296
CFD            Short           11000000        1.315
CFD            Short           285500          1.3176
CFD            Short           572305          1.3263
CFD            Short           60259           1.3532

(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                         15 December 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   2,000                  280.0000         EURO           19/12/2008
Option            Purchased   -1,000,000             4.6000           EURO           18/12/2009
Option            Purchased   -1,000,000             5.5000           EURO           19/12/2008
Option            Purchased   -750,000               5.5000           EURO           18/12/2009
Option            Purchased   -450,000               4.5000           EURO           17/12/2010
Option            Purchased   -1,000                 380.0000         EURO           19/12/2008
Option            Purchased   -1,000                 600.0000         EURO           18/12/2009
Option            Purchased   -3,000,000             3.0000           AMER           19/12/2008
Option            Purchased   1,000                  600.0000         EURO           18/12/2009
Option            Purchased   6,000,000              3.8000           AMER           19/12/2008
Option            Purchased   32,662                 6.5500           EURO           01/07/2009
Option            Purchased   140,229                1.7250           EURO           03/06/2009
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   500                    460.0000         EURO           19/12/2008

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