Chairman's Statement

GlaxoSmithKline PLC 17 May 2006 Issued: Wednesday 17th May 2006 GLAXOSMITHKLINE EXTENDS JP GARNIER'S CONTRACT GlaxoSmithKline plc today announces that Chief Executive Officer Dr. JP Garnier's contract has been extended to May 2008. Dr. Garnier's contract was set to expire in October 2007 upon his 60th birthday. Sir Christopher Gent, Chairman, GlaxoSmithKline said: "I am delighted that JP has agreed to an extension of his contract and will continue to lead GSK for the next two years. This will maintain momentum for GSK, in what will be an important and exciting period for the pipeline; and, during this period, will enable the Board to complete the process for appointing his successor." Dr. JP Garnier said: "I believe that the next two years will see further confirmation of GSK's strong and innovative pipeline, with many significant filings and launches of new medicines and vaccines. I am proud to have the opportunity to continue leading GSK through this very important period." Enquiries: UK Media Philip Thomson (020) 8047 5502 Alice Hunt (020) 8047 5502 Gwenan Evans (020) 8047 5502 US Media Nancy Pekarek (215) 751 7709 Mary Anne Rhyne (919) 483 2839 Patricia Seif (215) 751 7709 European Analyst / Investor Duncan Learmouth (020) 8047 5540 Anita Kidgell (020) 8047 5542 Jen Hill (020) 8047 5543 David Mawdsley (020) 8047 5564 US Analyst / Investor Frank Murdolo (215) 751 7002 Tom Curry (215) 751 5419 This information is provided by RNS The company news service from the London Stock Exchange

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