22 December 2009
Redemption and Cancellation of Preference Shares
Further to the redemption and cancellation by Saphir Finance p.l.c. of its £600,000,000 Perpetual Non-cumulative Securities (Series no 2006-09) (ISIN: XS0265483064), Lloyds Banking Group plc (the "Company") hereby announces that it has redeemed and cancelled all of its 600,000 issued fixed/floating rate non-cumulative callable preference shares of £0.25 each (ISIN GB00B1BQH919) (the "Preference Shares").
The listing of the Preference Shares on the Regulated Market of the London Stock Exchange plc was cancelled at the request of the Company with effect from the opening of the market on 22 December 2009.
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For further information:
Investor Relations
Michael Oliver +44 (0) 20 7356 2167
Director of Investor Relations
Email: michael.oliver@ltsb-finance.co.uk
Moira d'Arcy +44 (0) 20 7356 2164
Head of Debt Investor Relations
Email: moira.d'arcy@ltsb-finance.co.uk
Media Relations
Sara Evans +44 (0) 20 7356 2075
Media Relations Manager
Email: sara.evans2@lloydstsb.co.uk
This announcement and the information contained herein do not contain or constitute an offer for sale or the solicitation of an offer to purchase securities in the United States. The Preference Shares referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration under the Securities Act or an available exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will be no public offer of Preference Shares in the United States.