Director/PDMR Shareholding

Lloyds TSB Group PLC
13 October 2006


NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required
by DR 3.1.4R(1).

     
(1)  An issuer making a notification in respect of a transaction relating to the 
     shares or debentures of the issuer should complete boxes 1 to 16, 23 and 
     24.
(2)  An issuer making a notification in respect of a derivative relating to the 
     shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 
     24.
(3)  An issuer making a notification in respect of options granted to a 
     director/person discharging managerial responsibilities should complete 
     boxes 1 to 3 and 17 to 24.
(4)  An issuer making a notification in respect of a financial instrument 
     relating to the shares of the issuer (other than a debenture) should 
     complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.


Please complete all relevant boxes in block capital letters.


1. Name of the issuer
LLOYDS TSB GROUP plc

2. State whether the notification relates to (i) a transaction notified in
accordance with DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as
extended by section 328) of the Companies Act 1985; or

(iii) both (i) and (ii)
NOTIFICATION RELATES TO (i) AND (ii)

3. Name of person discharging managerial responsibilities/director
MR. EWAN BROWN

4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person
SEE SECTION 8

5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest
SEE SECTION 8

6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares
ORDINARY SHARES OF 25p EACH

7. Name of registered shareholders(s) and, if more than one, the number of
shares held by each of them
Lloyds Bank (PEP Nominees) Limited (LB(PN)L):
- Mr. Brown (General choice PEP)                                      385
- Mrs. Brown (General choice PEP)                                     385
- Mr. Brown (Corporate PEP)                                         1,084
- Mrs. Brown (Corporate PEP)                                        1,088
Lloyds TSB Registrars (ISA) Nominees Limited (LTSBR(I)NL):
- Mr. Brown (Single company maxi ISA)                               1,463


8 State the nature of the transaction
28 shares were purchased by LTSBR(I)NL on 4th October, 2006 at 549.99p per share
for Mr. Brown's single company maxi ISA.

LTSBR(I)NL notify investors by post of details relating to changes affecting
ISAs. The director was, therefore, not aware of the change relating to the
holding until some time after the transaction. The director notified the company
today as soon as he received the information from LTSBR(I)NL.


9. Number of shares, debentures or financial instruments relating to shares
acquired
SEE SECTION 8

10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)
MINIMAL

11. Number of shares, debentures or financial instruments relating to shares
disposed
N/A

12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)
N/A

13. Price per share or value of transaction
SEE SECTION 8

14. Date and place of transaction
THE TRANSACTION TOOK PLACE ON 4TH OCTOBER, 2006 IN THE UK AND THE SHARES ARE
LISTED ON THE LONDON STOCK EXCHANGE.

15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage)
LB(PN)L:
- Mr. Brown (General choice PEP)                                  385
- Mrs. Brown (General choice PEP)                                 385
- Mr. Brown (Corporate PEP)                                     1,084
- Mrs. Brown (Corporate PEP)                                    1,088
LTSBR(I)NL:
- Mr. Brown (Single company maxi ISA)                           1,491

PERCENTAGE HOLDING IS MINIMAL


16. Date issuer informed of transaction
13TH OCTOBER, 2006

If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes

17 Date of grant
-

18. Period during which or date on which it can be exercised
-

19. Total amount paid (if any) for grant of the option
-

20. Description of shares or debentures involved (class and number)
-

21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at the time of exercise
-

22. Total number of shares or debentures over which options held following
notification
-

23. Any additional information
-

24. Name of contact and telephone number for queries
MR. A.J. MICHIE, COMPANY SECRETARY                 020 7356 1043


Name and signature of duly authorised officer of issuer responsible for making
notification
MR. A.J. MICHIE, COMPANY SECRETARY

Date of notification     13TH OCTOBER, 2006



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