Director Shareholding

GlaxoSmithKline PLC
1 February 2001



                             Directors' Interests

I give below details of changes in directors' interests in the Ordinary Shares
of GlaxoSmithKline plc.

31      Abacus (GW) Trustees Limited, as trustee of The Glaxo Wellcome Employee
January Trust ('the Trust'), transferred 23,674 Ordinary 25p Shares in the
2001    Company to participants of the Glaxo Wellcome Long Term Incentive Plan.


The Company was advised of this transaction on 1 February 2001.

The Trust is a discretionary trust of which all employees or former employees
of Glaxo Wellcome plc and its subsidiaries are potential beneficiaries. Two of
the Company's directors, Sir Richard Sykes and John Coombe, as directors of
Glaxo Wellcome plc, are therefore interested in the shares held in the Trust
from time to time in the same way as other employees or former employees of
Glaxo Wellcome plc and its subsidiaries.

S M Bicknell

Company Secretary

01 February 2001