LONDON (Standard&Poor's) Dec. 11, 2008--Standard&Poor's Ratings Services today commented on it CreditWatch placement of Lloyds TSB Bank PLC (LTSB), HBOS PLC, and their related entities. The 'AA' long-term counterparty credit rating on LTSB remains on CreditWatch with negative implications, where it had originally been placed on Sept. 18, 2008, following the announcement of its agreed acquisition of HBOS PLC. At the same time, the 'A-1+' short-term counterparty credit rating on LTSB was affirmed. Additionally, the 'AA-' long-term counterparty credit rating on HBOS' principal banking subsidiary, Bank of Scotland PLC, remains on CreditWatch with positive implications, where it had originally been placed on Oct. 13, 2008. At the same time, the 'A-1+' short-term counterparty credit rating on
