Lloyds TSB Bank plc

(i)(j)(k)These bonds bear interest, to be reset 5 years before redemption date, at a fixed margin over New Zealand Governmentstocks.These notes are exchangeable at the election of the issuer for further subordinated floating rate notes.As at 31 December 2001, the Bank had other borrowings of £170,892 million (including deposits by banks of £24,310 million,customer accounts of £109,302 million, debt securities in issue of £24,420 million and other liabilities of £12,860 million) andcontingent liabilities (including guarantees) of £7,963 million.(1) None of the preferred securities, capital securities or loan capital is secured, or, except where otherwise stated, guaranteed.(m) As at 31 December 2001, the authorised share capital of Lloyds TSB Bank Group comprised 1,650,000,000 ordinary sharesof £1 each and 1 cumulative floating rate preference share of £1.(n) Since 31 December 2001, the Lloyds TSB Bank Group has (i) issued NZ$125 million 7.61 per cent. Subordinated Bonds 2012,£463.5 million Subordinated Floating Rate Notes 2014, £150 million 5.875 per cent. Subordinated Notes 2014,U.S.$850,000,000 6.90 per cent. Perpetual Capital Securities and €500,000,000 6.35 per cent. Step-up Perpetual CapitalSecurities and guaranteed £500 million 6% Undated Subordinated Guaranteed Bonds callable 2032 and €750 million 5.875per cent. Subordinated Guaranteed Bonds due 2014, each issued by Lloyds TSB Group plc; and (ii) redeemed NZ$150 millionof Subordinated Fixed Rate Bonds 2006. There have been no other material changes to the Lloyds TSB Bank Group'scapitalisation or indebtedness, contingent liabilities and guarantees since that date.38