Lloyds shareholders vote yes to takeover

19 November 2008

Of all shareholders in attendance 2,991,725,191 voted for the takeover while 125,237,286 voted against.

Sir Victor Blank, chairman of Lloyds, says: “Today’s
successful vote marks another important milestone in the proposed acquisition of HBOS plc to create the UK’s leading financial services company. I am delighted that our shareholders have endorsed the
compelling strategic logic for this transaction.”

Eric Daniels, group chief executive of Lloyds, says: “We are very pleased to have received our shareholders’ endorsement for the strategy we have set out.

"We believe this transaction provides certainty for the shareholders of HBOS and they, along with the Lloyds TSB shareholders, will have the opportunity to share in the benefits that come from the combination. We remain on track to
complete the proposed acquisition of HBOS in mid-January 2009.”