Lloyds TSB Bank plc

31 December 2001(£ millions)Dated Loan Capita] (Notes a, b, d and h)Eurocurrency Zero Coupon Bonds 2003 (¥3,000 million) 15Subordinated Fixed Rate Bonds 2003 (NZ$151 million) (Note i) 43Subordinated Floating Rate Notes 2004 (Note g) 1573/8% Subordinated Bonds 2004 399Subordinated Floating Rate Notes 2004 (Notes g and j) 100Subordinated Floating Rate Loan 2006 (Note g) 150Subordinated Floating Rate Notes 2007 (Note g) 20073/4% Subordinated Bonds 2007 299Subordinated Fixed Rate Bonds 2007 (NZ$150 million) (Note i) 435V4% Subordinated Notes 2008 (DM750 million) 234Subordinated Floating Rate Notes 2008 (Note g) 150105/8% Guaranteed Subordinated Loan Stock 2008 11291/2% Subordinated Bonds 2009 99Subordinated Step-up Floating Rate Notes 2009 callable 2004 (US$500 million)(Notes c and g) 343Subordinated Fixed Rate Bonds 2010 (NZ$100 million) (Note i) 2961/4% Subordinated Notes 2010 (€400 million) 244Subordinated Floating Rate Notes 2010 (US$400 million) (Note g) 27412% Guaranteed Subordinated Bonds 2011 12143/4% Subordinated Notes 2011 (€850 million) 498Subordinated Fixed Rate Bonds 2011 (NZ$100 million) (Note i) 28Subordinated Floating Rate Notes 2011 (notes g and j) 10065/8% Subordinated Notes 2015 343Subordinated Floating Rates Notes 2020 (€100 million) (Note g) 6195/8% Subordinated Bonds 2023 341Subordinated Non-Interest Bearing Loan on rolling 6 year notice 150Total 4,391Total Capitalisation 20,985Note:(a)(b)(c)(d)(e)Preferred securities, capital securities and loan capital denominated in currencies other than sterling have been translated atrates prevailing on 31 December 2001.In certain circumstances the amounts of preferred securities, capital securities and loan capital reflect issue expenses which areamortised over the shorter of the life of the issue and the period to the callable date.These preferred securities, bonds and notes will bear interest at an increased margin over the relevant reference benchmark ifthey are not called on the relevant callable date.In certain circumstances the preferred securities are subject to mandatory conversion into preference shares issued by LloydsTSB Group plc. If they are not called at the relevant callable dates, investors have the right to seek redemption from theproceeds of issues of new ordinary shares in Lloyds TSB Group plc.Lloyds TSB Bank may elect at any time to satisfy its obligation to make payment in respect of the Perpetual Capital Securitiesby the issue of ordinary shares to the trustee for the holders of the Perpetual Capital Securities. In that event Lloyds TSBGroup plc will issue ordinary shares to the trustee in exchange for the ordinary shares issued by Lloyds TSB Bank, andLloyds TSB Group plc's shares will be sold to provide the cash to make the relevant payment.(0 The undated loan capital notes were issued on a subordinated basis and, in certain circumstances, the notes would acquire thecharacteristics of preference share capital.(g)(h)These notes bear interest at rates fixed periodically in advance based on interbank rates.Much of the dated loan capital is prepayable at the option of the borrower, subject to prior consent of the Financial ServicesAuthority.37