FORM 38.5 (SUMMARY)

Lodge with Company Announcements Office and the Panel. Use a separate form for each class of 

securities in which dealings have been made.

CONNECTED EXEMPT PRINCIPLE TRADER:

DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Name of EPT

Merrill Lynch International

Date of disclosure 

07 October 2008

Date of dealing

02 October 2008

Telephone number 

020 7996 2121

Please see attached disclosure of dealings under Rule 38.5 in the securities of the following companies:

02 October 2008

Rio Tinto Plc - Common

Lloyds TSB Group Plc - Common

HBOS Plc - Common

Banco Santander SA. - Common

FORM 38.5

DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS

(Rule 38.5 of The City Code on Takeovers and Mergers)

1. KEY INFORMATION

Name of exempt principal trader

Merrill Lynch International

Company dealt in

Rio Tinto Plc

Class of relevant security to which the 

Common

dealings being disclosed relate

Date of dealing

02/10/2008

2. DEALINGS

(a) Purchases and sales

Total number of securities 

Highest price paid

Lowest price paid

purchased

1,125,681

GBP 36.63

GBP 31.91

Total number of securities sold

Highest price received

Lowest price received

1,081,875

GBP 36.75

GBP 31.95

(b) Derivatives transactions (other than options)

Product name, 

Short/Long

Number of securities

Price per unit 

eg. CFD

Long Swap

LONG

7,139

GBP 36.24

Long Swap

LONG

100

GBP 35.12

Long Swap

LONG

272

GBP 34.64

Long Swap

LONG

1,900

GBP 34.45

Long Swap

LONG

2,280

GBP 32.25

Long Swap

LONG

2,674

GBP 33.01

Long Swap

LONG

3,405

GBP 36.24

Long Swap

LONG

3,405

GBP 36.61

Long Swap

LONG

3,405

GBP 36.63

Long Swap

LONG

3,701

GBP 34.33

Long Swap

LONG

4,241

GBP 34.67

Long Swap

LONG

5

GBP 35.12

Long Swap

LONG

7,034

GBP 34.67

Long Swap

LONG

7,139

GBP 36.61

Long Swap

LONG

7,139

GBP 36.63

Long Swap

LONG

9,369

GBP 34.67

Long Swap

LONG

17,010

GBP 34.64

Long Swap

LONG

78,248

GBP 34.33

Long Swap

LONG

4,901

GBP 34.33

Product name, 

Short/Long

Number of securities

Price per unit 

eg. CFD

Short Swap

SHORT

12

GBP 33.80

Short Swap

SHORT

88,901

GBP 34.17

Short Swap

SHORT

17,010

GBP 36.00

Short Swap

SHORT

9,369

GBP 35.33

Short Swap

SHORT

4,901

GBP 35.36

Short Swap

SHORT

272

GBP 36.00

(c)     Options transactions in respect of existing securities

Product name

Writing, 

Number of 

Exercise 

Type, e.g. 

Expiry 

Option 

selling, 

securities under

price 

American, 

date

money

eg call option

purchasing, 

option

European etc 

paid/received 

varying etc.

per unit 

(ii) Exercising

Product name

Number of securities under 

Exercise price 

eg call option

option

3. OTHER INFORMATION

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. 

NONE

Date of disclosure

07/10/2008

Contact name

Louise Howard

Telephone number

+44 20 7996 2121

Name of offeree/offeror with whom connected

BHP Billiton Plc

Nature of connection #

Advisor

FORM 38.5

DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS

(Rule 38.5 of The City Code on Takeovers and Mergers)

1. KEY INFORMATION

Name of exempt principal trader

Merrill Lynch International

Company dealt in

Lloyds TSB Group Plc

Class of relevant security to which the 

Common

dealings being disclosed relate

Date of dealing

02/10/2008

2. DEALINGS

(a) Purchases and sales

Total number of securities 

Highest price paid

Lowest price paid

purchased

2,042,603

GBP 2.72

GBP 2.59

Total number of securities sold

Highest price received

Lowest price received

1,837,276

GBP 2.72

GBP 2.51

(b) Derivatives transactions (other than options)

Product name, 

Short/Long

Number of securities

Price per unit 

eg. CFD

Long Swap

LONG

67,704

GBP 2.64

Long Swap

LONG

53,570

GBP 2.60

Long Swap

LONG

51,164

GBP 2.60

Long Swap

LONG

19,307

GBP 2.60

Long Swap

LONG

5,000

GBP 2.67

Product name, 

Short/Long

Number of securities

Price per unit 

eg. CFD

Short Swap

SHORT

5,000

GBP 2.64

Short Swap

SHORT

19,307

GBP 2.63

Short Swap

SHORT

23,314

GBP 2.66

Short Swap

SHORT

23,417

GBP 2.64

Short Swap

SHORT

27,183

GBP 2.64

Short Swap

SHORT

51,164

GBP 2.63

Short Swap

SHORT

67,704

GBP 2.63

Short Swap

SHORT

85,307

GBP 2.66

Short Swap

SHORT

156,307

GBP 2.66

(c)     Options transactions in respect of existing securities

Product name

Writing, 

Number of 

Exercise 

Type, e.g. 

Expiry 

Option 

selling, 

securities under

price 

American, 

date

money

eg call option

purchasing, 

option

European etc 

paid/received 

varying etc.

per unit 

(ii) Exercising

Product name

Number of securities under 

Exercise price 

eg call option

option

3. OTHER INFORMATION

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 

  to which 

any derivative referred to on this form is referenced. If none, this should be stated. 

NONE

Date of disclosure

07/10/2008

Contact name

Louise Howard

Telephone number

+44 20 7996 2121

Name of offeree/offeror with whom connected

Lloyds TSB Group Plc

Nature of connection #

Advisor

FORM 38.5

DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS

(Rule 38.5 of The City Code on Takeovers and Mergers)

1. KEY INFORMATION

Name of exempt principal trader

Merrill Lynch International

Company dealt in

HBOS Plc

Class of relevant security to which the 

Common

dealings being disclosed relate

Date of dealing

02/10/2008

2. DEALINGS

(a) Purchases and sales

Total number of securities 

Highest price paid

Lowest price paid

purchased

9,054,919

GBP 1.78

GBP 1.57

Total number of securities sold

Highest price received

Lowest price received

9,070

GBP 

GBP 

Total number of securities sold

Highest price received

Lowest price received

105,702

GBP 

GBP 

Total number of securities sold

Highest price received

Lowest price received

8,650,689

GBP 1.78

GBP 1.57

(b) Derivatives transactions (other than options)

Product name, 

Short/Long

Number of securities

Price per unit 

eg. CFD

Long Swap

LONG

146,722

GBP 1.68

Long Swap

LONG

78,682

GBP 1.65

Long Swap

LONG

35,526

GBP 1.65

Long Swap

LONG

5,000

GBP 1.68

Long Swap

LONG

278

GBP 1.65

Product name, 

Short/Long

Number of securities

Price per unit 

eg. CFD

Short Swap

SHORT

7

GBP 1.68

Short Swap

SHORT

285

GBP 1.68

Short Swap

SHORT

5,000

GBP 1.68

Short Swap

SHORT

20,488

GBP 1.67

Short Swap

SHORT

35,526

GBP 1.68

Short Swap

SHORT

58,194

GBP 1.67

Short Swap

SHORT

146,722

GBP 1.67

Short Swap

SHORT

210,451

GBP 1.68

(c)     Options transactions in respect of existing securities

Product name

Writing, 

Number of 

Exercise 

Type, e.g. 

Expiry 

Option 

selling, 

securities under

price 

American, 

date

money

eg call option

purchasing, 

option

European etc 

paid/received 

varying etc.

per unit