Director Shareholding

GlaxoSmithKline PLC
26 September 2003




                              Director's Interests

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


          The Administrators of the GlaxoSmithKline US Retirement
          Savings Plan ("the Plan") notified GlaxoSmithKline plc on 26
          September 2003, that as a result of movement in the fund on
          the 25 September 2003, the number of Ordinary Share ADRs
          held by the fund had decreased from 18,882,865 to 18,805,362
          at an average price of $42.38.




The Plan is a discretionary fund of which all employees or former employees of
GlaxoSmithKline plc and its subsidiaries are potential beneficiaries. One of the
Company's directors, Dr J P Garnier is therefore potentially interested in the
shares held in the fund from time to time in the same way as other employees or
former employees of GlaxoSmithKline plc and its subsidiaries.



S M Bicknell
Company Secretary


26 September 2003


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