Company Announcements

            12 March 2021

Lloyds bank plc Annual Report and Accounts
for the year endED 31 December 2020

In accordance with Listing Rule 9.6.1, Lloyds Bank plc has submitted today the above document to the National Storage Mechanism.

The document will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

In fulfilment of its obligations under section 6.3.5 of the Disclosure and Transparency Rules, Lloyds Bank plc hereby releases the unedited full text of its 2020 Annual Report and Accounts.

A copy of the document is also available through the 'Financial downloads' page within the 'Investors' section of the Lloyds Banking Group plc website at www.lloydsbankinggroup.com

-END-

For further information:

Investor Relations

Douglas Radcliffe                                                                                                  +44 (0)20 7356 1571

Group Investor Relations Director

douglas.radcliffe@lloydsbanking.com

Corporate Affairs

Matt Smith                                                                                                             +44 (0)20 7356 3522

Head of Media Relations

matt.smith@lloydsbanking.com

FORWARD LOOKING STATEMENTS

This document contains certain  forward  looking  statements within the  meaning of Section 21E of the  US Securities Exchange Act of 1934, as amended, and  section 27A of the  US Securities Act of 1933, as amended, with respect to the  business, strategy, plans  and/or results  of Lloyds Bank plc together with its subsidiaries (the Lloyds Bank Group) and  its current goals  and  expectations relating to its future  financial condition and   performance.  Statements that   are  not  historical   facts,  including  statements about the  Lloyds  Bank  Group's  or  its  directors'  and/or management's beliefs  and expectations, are forward looking  statements. Words  such  as 'believes', 'achieves', 'anticipates', 'estimates', 'expects', 'targets', 'should', 'intends', 'aims', 'projects', 'plans', 'potential', 'will', 'would', 'could', 'considered', 'likely', 'may', 'seek', 'estimate' and  variations  of these words  and  similar future  or conditional expressions are intended to identify forward looking  statements but are not the exclusive means of identifying  such statements. Examples of such forward  looking  statements include,  but  are not limited  to, statements or guidance relating to: projections or expectations of the  Lloyds Bank Group's future  financial  position including profit  attributable to  shareholders, provisions, economic profit,  dividends, capital structure, portfolios, net  interest margin,  capital  ratios,  liquidity, risk-weighted assets (RWAs), expenditures or any other financial items  or ratios; litigation,  regulatory and  governmental investigations; the  Lloyds Bank Group's future  financial  performance; the  level  and  extent of future impairments and  write-downs; statements of plans,  objectives or goals  of the  Lloyds Bank Group or its management including in respect of statements about the future business and  economic environments in the UK and  elsewhere including, but not limited to, future trends in interest rates,  foreign  exchange rates,  credit  and  equity  market  levels  and  demographic developments; statements about competition, regulation, disposals and  consolidation or technological developments in the  financial  services  industry;  and  statements of assumptions underlying such statements. By their nature, forward  looking  statements involve risk and  uncertainty because they relate to events and  depend upon circumstances that  will or may occur in the future. Factors   that  could  cause actual  business,  strategy,  plans  and/or results  (including  but  not  limited  to  the  payment  of  dividends)  to  differ materially  from forward  looking  statements made by the  Lloyds Bank Group or on its behalf  include,  but  are  not  limited  to: general economic and  business conditions in the UK and  internationally; market  related trends and  developments; fluctuations in interest rates,  inflation, exchange rates,  stock markets and  currencies; any impact of the transition from IBORs to alternative reference rates;  the ability to access sufficient sources of capital,  liquidity and  funding when  required; changes to the  Lloyds Bank Group's or Lloyds Banking  Group plc's credit  ratings;  the  ability to derive  cost savings  and  other benefits including, but  without  limitation  as a result of any acquisitions, disposals and  other strategic transactions; the  ability to achieve strategic objectives; the  Lloyds Bank Group's ESG targets and/or commitments; changing customer behaviour including consumer spending, saving and  borrowing habits;  changes to borrower or counterparty credit  quality impacting the  recoverability and  value of balance sheet assets; concentration of financial exposure; management and  monitoring of conduct risk; exposure to counterparty risk (including but  not  limited  to  third  parties  conducting  illegal  activities  without  the  Lloyds  Bank  Group's  knowledge);  instability  in the  global  financial markets, including Eurozone instability,  instability  as a result  of uncertainty surrounding the  exit by the  UK from the  European Union (EU), the EU-UK Trade  and  Cooperation Agreement, and  as a result  of such exit and  the  potential for other countries to exit the  EU or the  Eurozone and the  impact of any  sovereign credit  rating  downgrade or  other sovereign financial  issues;  political  instability  including as  a result  of any  UK general election and  any  further  possible referendum on  Scottish  independence; technological changes and  risks to  the  security  of IT and operational infrastructure, systems, data and information resulting from increased threat of cyber and other attacks;  natural,  pandemic (including but  not  limited  to the  COVID-19 pandemic) and  other disasters, adverse weather and  similar contingencies outside the  Lloyds Bank Group's or Lloyds Banking  Group plc's control;  inadequate or failed  internal  or external processes or systems;  acts  of war, other acts  of hostility, terrorist acts  and   responses to  those acts,  or  other such  events; geopolitical  unpredictability;  risks  relating  to  climate   change;  changes in  laws, regulations, practices and  accounting standards or taxation, including as a result  of the  UK's exit from the  EU; changes to regulatory capital  or liquidity  requirements (including regulatory measures to  restrict  distributions to  address potential capital   and  liquidity  stress) and  similar contingencies outside the  Lloyds Bank Group's or Lloyds Banking  Group plc's control;  the  policies,  decisions and  actions of governmental or regulatory authorities or courts  in the  UK, the  EU, the  US or elsewhere including the  implementation and  interpretation of key laws, legislation and  regulation together with any  resulting impact on  the  future  structure of the  Lloyds Bank Group;  the  ability to  attract and  retain  senior management and  other employees and  meet its diversity objectives; actions or omissions by the Lloyds Bank Group's directors, management or employees including industrial  action;  changes to the  Lloyds Bank Group's post-retirement defined benefit scheme obligations; the  extent of any future impairment charges or write-downs caused by, but not limited to, depressed asset valuations, market  disruptions and illiquid markets; the  value and  effectiveness of any credit  protection purchased by the  Lloyds Bank Group;  the  inability to hedge certain  risks economically; the adequacy of loss  reserves; the  actions of competitors, including non-bank financial  services,  lending companies and  digital  innovators and disruptive technologies; and  exposure to  regulatory or competition scrutiny,  legal,  regulatory or competition proceedings, investigations or complaints. Please refer to the  latest  Annual Report  on Form 20-F filed by Lloyds Bank plc with the  US Securities and  Exchange Commission for a discussion of certain  factors  and risks. Lloyds Banking Group may also  make  or disclose written  and/or oral  forward  looking  statements in reports filed with or furnished to  the US Securities and  Exchange Commission, Lloyds Banking  Group annual  reviews,  half-year  announcements, proxy  statements, offering  circulars, prospectuses, press  releases and  other written  materials and  in oral statements made by the  directors, officers or employees of Lloyds Banking Group to third parties, including financial analysts. Except  as required by any applicable law or regulation, the forward looking  statements contained in this document are made as of today's date, and  the Lloyds Bank Group expressly disclaims  any obligation or undertaking to release publicly any updates or revisions to any forward looking statements contained  in this document to  reflect  any change in the  Lloyds  Bank Group's  expectations  with regard thereto or any change in events,  conditions  or  circumstances  on  which  any  such  statement is  based. The  information,  statements and   opinions  contained  in  this document do  not  constitute a public  offer under any applicable law or an offer to sell any securities or financial instruments or any advice  or recommendation with respect to such securities or financial instruments.