Lloyds Rights Issue

Introduction

Lloyds Banking Group have announced a Rights Issue with an ex entitlement date of 27th November 2009

Terms of the offer

Qualifying shareholders will be credited with 1.34 tradable Nil Paid Rights for each Ordinary Share held. Each Nil Paid Right entitles the holder to subscribe for 1 new Ordinary share at a price of 37 pence per share

Key Dates

Our final date for acceptances on the phone & web will be 8th December 2009

Nominee Customers

The last day customers will be able to sell their nil paid rights on the web will be 4th December 2009. All web trades will be dealt T+3.

The last day customers will be able to sell their nil paid rights on the phone will be 8th December 2009. All phone trades will be dealt T+1.

Certificated Customers

Sales will only be made on receipt of a signed PAL which must be in the office by 3pm on 7th December 2009. All certificated trades will be dealt T+3.

New Shares

Subscribing shareholders will be credited with the Fully Paid Rights, which will be assimilated into Ordinary shares shortly after the 14th December 2009.

Please note the timings shown on this page are based on information provided by Lloyds Banking Group and may be subject to change.

Further Information

Further details may be found on the official Lloyds Banking Group website in the near future.

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