any one got a feelling in their water how far LLoyds will go looking to to buy but just dont know when they are low enough

Publication of Prospectus.

Repurchase and Cancellation of Preference Shares






TIDMLLOY

RNS Number : 3471E
Lloyds Banking Group PLC
18 December 2009

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18 December 2009

Repurchase and Cancellation of Preference Shares
As described in its previous announcement on 14 December 2009, Lloyds Banking
Group plc ("Lloyds Banking Group") has now settled the exchanges described in
that announcement. Pursuant to these exchanges, on 17 December 2009, Lloyds
Banking Group repurchased for cancellation (i) 15,400 preference shares
(representing U.S.$15,400,000 in liquidation preference) of its U.S.$750,000,000
6.413 per cent. Non-Cumulative Fixed to Floating Rate Preference Shares (ISIN:
GB00B3KSBH82) leaving 374,810 preference shares (representing U.S.$ 374,810,000
in liquidation preference) outstanding; (ii) 183,610 preference shares
(representing U.S.$183,610,000 in liquidation preference) of its
U.S.$750,000,000 5.92 per cent. Non-Cumulative Fixed to Floating Rate Preference
Shares (ISIN: GB00B3KSBJ07) leaving 371,933 preference shares (representing
U.S.$371,933,000 in liquidation preference) outstanding; (iii) 62,808 preference
shares (representing U.S.$62,808,000 in liquidation preference) of its
U.S.$750,000,000 6.657 per cent. Non-Cumulative Fixed to Floating Rate
Preference Shares (ISIN: GB00B3KSBK12) leaving 434,350 preference shares
(representing U.S.$434,350,000 in liquidation preference) outstanding; and (iv)
14,840 preference shares (representing U.S.$14,840,000 in liquidation
preference) of its U.S.$1,000,000,000 6.267 per cent. Non-Cumulative Fixed to
Floating Rate Preference Shares (ISIN: XS0460002693) leaving 533,618 preference
shares (representing U.S.$533,618,000 in liquidation preference) outstanding.

- END -

Dead Donkey - need say no more !

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