Director/PDMR Shareholding

Lloyds TSB Group PLC
19 October 2006







The London Stock Exchange
RNS
10 Paternoster Square
London EC4M 7LS
                                                           19th October, 2006











Dear Sirs,

Lloyds TSB Group plc ordinary shares of 25p each

Notification of interests of directors

Hill Samuel Offshore Trust Company Limited, as trustee of the Lloyds TSB Group
employee share ownership trust, today transferred 56,433 ordinary shares of 25p
each in the capital of Lloyds TSB Group plc to an individual who had exercised a
share option granted under one of the group's employee share schemes.

The following directors, together with some 77,000 other employees, are
potential beneficiaries of the trust and are therefore to be treated as
interested in the remaining 1,138,311 shares held by the trust.

Sir Victor Blank

Mr. J.E. Daniels

Ms. T.A. Dial

Mr. M.E. Fairey

Mr. A.G. Kane

Mr. G.T. Tate

Mrs. H.A. Weir



This notification is made to comply with paragraph 3.1.4(R)(1)(b) of the
disclosure rules.

Yours faithfully,







S.N. Slattery

Senior Assistant Secretary



Lloyds TSB Group plc is registered in Scotland no. 95000

Registered Office: Henry Duncan House, 120 George Street, Edinburgh EH2 4LH.


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