Lloyds Banking Group PLC — Capital/Financing Update 2015

Oct 9, 2015

Final Terms dated 8 October 2015

Lloyds Bank plc

Issue of €750,000,000 Floating Rate Notes due October 2018

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:	EMTN4884
3	Specified Currency:	Euro (“€”)
4	Aggregate Nominal Amount:	€750,000,000
5	Issue Price:	99.909 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:	9 October 2015
	(ii) Interest Commencement Date:	Issue Date
8	Maturity Date:	Interest Payment Date falling on or nearest to 9 October 2018
9	Interest Basis:	3 month EURIBOR + 0.50 per cent. Floating 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: Not Applicable
16 Fixed Rate Reset Note Provisions: Not Applicable
17 Floating Rate Note Provisions: Applicable

(i) Interest Period(s): Not Applicable. Condition 4 applies.
(ii) Specified Interest Payment Dates: 9 January, 9 April, 9 July and 9 October in each year from and including 9 January 2016 until and including 9 October 2018
(iii) Business Day Convention: Modified Following Business Day Convention
(iv) Business Centre(s): London and TARGET
(v) Manner in which the Rate(s) of Interest is/are to be determined: Screen Rate Determination
(vi) Party responsible for calculating the Rate(s) of Interest and Interest Amount(s) (if not the Issuing and Paying Agent): Citibank, N.A., London Branch
(vii) Screen Rate Determination: Applicable

• Reference Rate: 3 month EURIBOR
• Interest Determination Date(s): Two TARGET Business Days prior to each Interest Payment Date
• Relevant Screen Page: Reuters EURIBOR01
• Relevant Time: 11:00am (Brussels time)

(viii) ISDA Determination: Not Applicable
(ix) Linear Interpolation: Not Applicable
(x) Margin(s): + 0.50 per cent. per annum
(xi) Minimum Rate of Interest: Not Applicable
(xii) Maximum Rate of Interest: Not Applicable
(xiii) Day Count Fraction: Actual/360

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

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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

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:
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 9 October 2015.

(iii) Estimate of total expenses related to admission to trading: £3,650 + VAT

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 Floating Rate Notes only — HISTORIC INTEREST RATES

Details of historic EURIBOR rates can be obtained from Reuters.

5 OPERATIONAL INFORMATION

ISIN Code: XS1304487710
Common Code: 130448771
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:
Names and addresses of additional Paying Agent(s) (if any): Delivery against payment
Name and address of Calculation Agent: Citibank N.A., London Branch
Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB
Intended to be held in a manner which would allow Eurosystem eligibility: Yes

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