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TR-1i: NOTIFICATION OF MAJOR INTERESTS IN SHARES

(1). Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):

Babcock International Group PLC

2. Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights: YES

3. Full name of person(s) subject to the notification obligation (iii):

Lloyds Banking Group plc

4. Full name of shareholder(s) (if different from 3.):

Scottish Widows Investment Partnership Ltd

5. Date of the transaction and date on which the threshold is crossed or  reached (v):

4 November 2009

6. Date on which issuer notified:

5 November 2009

7. Threshold(s) that is/are crossed or reached:

Direct/Indirect holdings decrease to below 6%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE

GB0009697037 (Ordinary 60p)

Situation previous to the Triggering transaction 

Number of shares 14,301,192

Number of voting Rights  14,301,192

Resulting situation after the triggering transaction 

Number of shares	Number of voting rights		% of voting rights
Direct 421,904	Direct  421,904	Indirect 13,304,188	Direct 0.184%	Indirect 5.794%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Expiration Date	Exercise/Conversion Period/ Date	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
N/A

Total (A+B)

Number of voting rights 13,726,092	% of voting rights 5.978%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

12,397,716 shares (5.399%) are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (Indirect Interests).

Contact name:

Valerie Teller

Contact telephone number:

020 7355 5318

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