Director Shareholding

GlaxoSmithKline PLC
20 March 2001

                             Directors' Interests



I give below details of changes in directors' interests in the Ordinary Shares
of GlaxoSmithKline plc.
19    Abacus (GW) Trustees Limited, as trustee of The Glaxo Wellcome Employee
March Trust ('the Trust'), purchased 1,000,000 Ordinary Shares in the Company
2001  at a price of £17.5399 per share. The Trust also transferred 28,880
      Ordinary Shares in the Company to participants of the Glaxo Wellcome 1999
      Share Option Plan and the Glaxo Wellcome International Share Option
      Scheme.




The Company was advised of this transaction 20 March 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



20 March 2001