RNS Number:6770K
HBOS PLC
02 May 2003

                                                                    FORM 8.1/8.3

Lodge with a RIS or Newstrack if appropriate and the Takeover Panel. Use a
separate form for each class of securities in which dealings have been made.

Date of Disclosure     02/05/03



DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3 OF THE CITY CODE ON TAKEOVERS
AND MERGERS

Date of dealing     01/05/03




Dealing in (name of company)     THISTLE HOTELS PLC



1. Class of securities (eg ordinary shares)     GBP 0.25



2.
Amount bought                  Amount sold                       Price per unit
                               91,000                            #1.30




3. Resultant total of the same class owned or controlled (and percentage of
class)
17,205,378                                                   3.57%

4. Party making disclosure
HBOS Plc



5. EITHER (a) Name of purchaser / vendor (Note 1)




OR (b) if dealing for discretionary client(s), name of fund management
organisation
HBOS Plc

6. Reason for disclosure (Note 2)




(a) associate of

(i) offeror (Note 3)

NO

(ii) offeree company

NO

Specify which category or categories of associate (1-8 overleaf)




If category (8), explain




(b) Rule 8.3 (ie disclosure because of ownership or control of 1% or more of the
class of relevant securities dealt in)

YES

Signed, for and on behalf of the party named in (4) above




(Also print name of signatory)
Kevin Ayley

Telephone and Extension number
0207 321 1311 Donna Franks



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