Lloyds Banking Group PLC — Capital/Financing Update 2015

Sep 7, 2015

Final Terms dated 4 September 2015

Lloyds Bank plc

Issue of €1,250,000,000 1.375 per cent. Notes due 2022

under the £50,000,000,000

Euro Medium Term Note Programme

PART A — CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the Conditions (the "Conditions") contained in the Trust Deed dated 9 April 2015 and set forth in the Prospectus dated 9 April 2015 and the supplemental Prospectuses dated 11 May 2015 and 12 August 2015 which together constitute a base prospectus for the purposes of the Prospectus Directive (Directive 2003/71/EC) and amendments thereto, to the extent that such amendments have been implemented in the relevant Member State of the European Economic Area (the "Prospectus Directive"). This document constitutes the Final Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with such Prospectus as so supplemented. Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Prospectus. The Prospectus and the supplemental Prospectuses are available for viewing at www.londonstockexchange.com/exchange/news/market-news/market-news-home.html and copies may be obtained from Lloyds Bank plc, 25 Gresham Street, London EC2V 7HN.

1. Issuer: Lloyds Bank plc
2. Series Number: EMTN4883
3. Specified Currency: Euro (€)
4. Aggregate Nominal Amount: €1,250,000,000
5. Issue Price: 99.241 per cent. of the Aggregate Nominal Amount
6. (i) Specified Denominations: €100,000 and integral multiples of €1,000 in excess thereof up to and including €199,000. No Notes in definitive form will be issued with a denomination above €199,000
   (ii) Calculation Amount: €1,000
7. (i) Issue Date: 8 September 2015
   (ii) Interest Commencement Date: Issue Date
8. Maturity Date: 8 September 2022
9. Interest Basis: 1.375 per cent. Fixed Rate
10. Redemption Basis: Redemption at par
11. Change of Interest or Redemption/Payment Basis: Not Applicable
12. Alternative Currency Equivalent: Not Applicable
13. Put/Call Options: Not Applicable

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14 Status of the Notes: Senior

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

15 Fixed Rate Note Provisions Applicable
(i) Rate of Interest: 1.375 per cent. per annum payable annually in arrear
(ii) Interest Payment Date(s): 8 September in each year from and including 8 September 2016
(iii) Fixed Coupon Amount: €13.75 per Calculation Amount
(iv) Broken Amount(s): Not Applicable
(v) Day Count Fraction: Actual/Actual ICMA
(vi) Determination Dates: 8 September in each year
(vii) Business Day Convention: Not Applicable

16 Fixed Rate Reset Note Provisions Not Applicable
17 Floating Rate Note Provisions Not Applicable
18 Zero Coupon Note Provisions Not Applicable

PROVISIONS RELATING TO REDEMPTION

19 Call Option Not Applicable
20 Put Option Not Applicable
21 Capital Disqualification Event Call Not Applicable
22 Final Redemption Amount €1,000 per Calculation Amount
23 Early Redemption Amount
Early Redemption Amount(s) payable on redemption for taxation reasons, following a Capital Disqualification Event or on event of default or other early redemption: €1,000 per Calculation Amount
24 Capital Disqualification Event Substitution and Variation Not Applicable

GENERAL PROVISIONS APPLICABLE TO THE NOTES

25 Form of Notes: Bearer Notes:
Temporary Global Note exchangeable for a Permanent Global Note which is exchangeable for Definitive Notes in the limited circumstances specified in the Permanent Global Note

26 New Global Note: Yes
27 Additional Financial Centre(s) or other special provisions relating to payment dates: London and TARGET

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28 Talons for future Coupons to be attached to Definitive Notes (and dates on which such Talons mature): No

DISTRIBUTION

29 U.S. Selling Restrictions: Reg S Category 2; TEFRA D

Signed on behalf of the Issuer:

By: Peter Green
Senior Manager, Senior Funding
Duly authorised

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PART B – OTHER INFORMATION

1 LISTING

(i) Listing: London
(ii) Admission to trading: Application is expected to be made for the Notes to be admitted to trading on the London Stock Exchange’s Regulated Market with effect from 8 September 2015.
(iii) Estimate of total expenses related to admission to trading: £3,650

2 RATINGS

Ratings: The Notes to be issued have been rated:
S & P: A
Moody’s: A1
Fitch: A+

3 INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE

Save as discussed in “Subscription and Sale”, so far as the Issuer is aware, no person involved in the issue of the Notes has an interest material to the issue.

4 YIELD

Indication of yield: 1.490 per cent.

5 OPERATIONAL INFORMATION

ISIN Code: XS1280783983
Common Code: 128078398
Any clearing system(s) other than Euroclear Bank S.A./N.V. and Clearstream Banking, société anonyme and the relevant identification number(s): Not Applicable
Delivery: Delivery against payment
Names and addresses of additional Paying Agent(s) (if any): Not Applicable
Name and address of Calculation Agent: Not Applicable