HALP Halifax 9.375bd

RNS Number:5730C
HBOS PLC
21 August 2007

HBOS plc

GRAMPIAN ABCP

In the light of current market conditions for funding through Asset Backed
Commercial Paper programmes, HBOS plc announces that Grampian will use
facilities provided by HBOS plc to repay maturing ABCP until such time as market
pricing improves to a level acceptable to HBOS.  Grampian, with the highest
rated A1+ commercial paper from S&P and P1 rating from Moody's is supported by
HBOS liquidity lines sufficient to replace the whole of the ABCP outstanding .
This action will have no material adverse impacts on HBOS plc.


Contact:

Charles Wycks
Director of Investor Relations
HBOS plc
Tel:   0131 243 5509
Mob: 07747 790456
E mail: CharlesWycks@HBOSplc.com




                      This information is provided by RNS
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