Director/PDMR Shareholding

GlaxoSmithKline PLC 24 February 2006 Notification of Transactions of Directors, Persons Discharging Managerial Responsibility or Connected Persons Vesting of Performance Share Plan Award The three year performance period for the Performance Share Plan Awards granted on 3 December 2002, commenced on 1 January 2003 and came to an end on 31 December 2005. The Remuneration Committee of the Board of GlaxoSmithKline plc considered the performance achieved during this period and determined that 50% of these Awards would vest on 23 February 2006. There were two performance conditions attached to this award. The first condition compared GlaxoSmithKline's total shareholder return (TSR) with the TSR of companies in the FTSE 100 index. For any of the awards to vest under this condition, GlaxoSmithKline had to rank at least 50th against the index companies. None of the awards subject to this condition vested. The second condition, which applied to the balance of the award, was achieved in full. The condition required GlaxoSmithKline's business performance earnings per share growth, excluding currency and exceptional items, to be at least nine percentage points more than the increase in the UK Retail Price Index over the three year performance period. Details of the changes in the interests of the following Executive Directors over Ordinary Shares and American Depositary Shares (ADSs) of GlaxoSmithKline plc are given below. Final award of Shares/ADSs sold to Price at which Shares/ Shares/ADSs meet tax liability ADSs sold Shares ADSs Dr JP Garnier* 35,000 0 - Mr J S Heslop 2,500 1,025 shares £14.65 Dr T Yamada 10,000 4,119 ADSs $51.3499 *Dr Garnier has elected to defer his award until his retirement. The Company and the Executive Directors were informed of these changes on 23 February 2006. S M Bicknell Company Secretary 24 February 2006 This information is provided by RNS The company news service from the London Stock Exchange

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