Please ignore what follows. This page will be updated shortly. Following Lloyds TSB’s takeover of HBOS, a shareholders action group was launched by UKSA, but it has since been closed. At the close of 2009, the state of the campaign fund raised by UKSA from donations received from Lloyds TSB shareholders was uncertain and campaign activity was suspended. Accounts have now been published which show that there was a campaign surplus at the end of 2009, the application of which is now being actively considered by UKSA’s directors. Some costs are still being incurred and there is a need to make certain accounting provisions, but we currently expect there to be a residual amount for disposal. There will not be a resumption under UKSA’s auspices of any campaigning activity for Lloyds shareholder compensation, so UKSA’s directors are now investigating other possibilities, but the money will not be used for any purpose which is incompatible with the purpose for which it was given.

In the meantime, UKSA is proceeding with registration of those Lloyds Banking Group shareholders who express an interest in the establishment of a private shareholders’ committee for the Group, about which more information is available from the UKSA office:

email: lsci@uksa.org.uk , UK Shareholders Association, Chislehurst Business Centre, 1 Bromley Lane, Chislehurst, BR7 6LH.

After launching the action group, there were a number of subsequent notes and press releases issued by UKSA as part of our general campaign on the banking sector. Some of the ones relevant to Lloyds shareholders are in the following documents: Update_1, Update_2, Update_3, Update_5, Bank_Nationalisation, Update_8 and Update_9. These are being retained on the website for the time being, together with those that follow, as a matter of historic interest.

LAUNCH OF SHAREHOLDER ACTION GROUP ON LLOYDS BANK

On the 15th March 2009, UKSA announced the launch of a shareholder action group to promote the interests of private shareholders in Lloyds Banking Group in this press release. This and other news was also covered in: Update_10.

NEWS ON LLOYDS BANKING GROUP

We issued this note: Update_11 on the 4th April which includes a report on a meeting with Sir Victor Blank of Lloyds and some analysis of the Asset Protection Scheme.

TREASURY COMMITTEE REPORT

The following note was issued on the 4th May covering the Treasury Committee report on the Banking Crisis which mentions events at Lloyds and, the Lloyds Banking Group AGM: Update_14.

LLOYDS VOTING RECOMMENDATIONS AND INTERIM REPORTS

This note was issued on the interim management reports of Lloyds, RBS and Barclays and also gives some voting recommendations for the Lloyds Banking Group AGM: Update_15. But no sooner had we issued it than Sir Victor Blank announced his departure as Chairman of Lloyds Bank (perhaps he realised that pressure to go was mounting) so we issued this press release. A further note on the Lloyds voting recommendations, and brief coverage of the Treasury Committee Report on Corporate Governance and Pay in the City was issued in: Update_16.

LLOYDS AGM REPORT

This brief report on the Annual General Meeting of Lloyds Bank and other recent news was issued on the 8th June 2009 (the first specific newsletter from the Lloyds Shareholder Action Group): Update_1.

NEW CHAIRMAN AND MERGER BENEFITS TO DISAPPEAR?

This note was issued about rumours of new Chairman for Lloyds, comments on the looming competition issues, and other recent news: Update_2.

INTERIM RESULTS

Some comments on the Lloyds Bank Interim results and other news were issued in Update_3.

MEETING FOR LLOYDS SHAREHOLDERS

A report on the meeting held for Lloyds Bank shareholders in London on the 31st October is here. This newsletter was issued inviting people to that meeting, and covering other recent news at Lloyds: Update_4, and a further reminder with additional news on the APS was in this note: Update_5.

FINANCIAL STABILITY MEASURES

The following note was issued about the announcements by the Treasury and Lloyds Bank about the termination of the Asset Protection Scheme, and a major rights issue: Update_6.

RIGHTS ISSUE VOTING AND TAKE-UP

The following note was issued about the rights issue voting and take-up and Lloyds job cuts. HBOS investigation and secret loans to HBOS. Campaign legal action status and fund raising: Update 7.

LLOYDS GENERAL UPDATE FOR WEBSITE

General Update for website. Update 8.