Company Profile For Lloyds Banking Group PLC

Lloyds Banking Group plc, formerly Lloyds TSB Group plc, is a United Kingdom-based financial services group providing a range of banking and financial services, primarily in the United Kingdom, to personal and corporate customers. The Company operates in three divisions: UK Retail Banking, Insurance and Investments, and Wholesale and International Banking. Its main business activities are retail, commercial and corporate banking, general insurance, and life, pensions and investment provision. The Company also operates an international banking business with a global footprint in 40 countries. Services are offered through a number of brands, including Lloyds TSB, Halifax, Bank of Scotland, Scottish Widows, Clerical Medical and Cheltenham & Gloucester. On January 16, 2009, Lloyds Banking Group plc acquired HBOS plc. In November 2009, The Bank of New York Mellon Corporation completed the acquisition of Insight Investment Management Limited from the Company.

BRIEF: For the six months ended 30 June 2009, Lloyds Banking Group PLC's interest income increased 89% to £16.5B. Net interest loss after LLP totaled £3.55B vs. an income £2.55B. Net income totaled £7.1M down from £570M. Net interest income reflects higher sales from UK Retail Banking, Wholesale & International Banking segment and decrease in interest expense. Net income was offset by an increase in operating expenses.