Director/PDMR Shareholding

Lloyds TSB Group PLC
24 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 
     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

HELEN ALISON WEIR


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 TSB Registrars Corporate Nominee Limited
AESOP1 account (LTSBRCNL AESOP1):                                          1,290
Lloyds TSB Registrars (ISA) Nominees Limited (LTSBR(I)NL):
- Mrs Weir (Single company maxi ISA)                                       3,468
Hill Samuel Offshore Trust Company Limited (HSOTC):                       36,690
Conditional award of shares under the:
Lloyds TSB performance share plan                                        124,374
Lloyds TSB long-term incentive plan                                      288,460


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


724 and 706 shares were purchased by HSOTC on 3rd May, 2006 and 4th October, 2006 at 534.21p and 549.99p
per share respectively for Mrs Weir under the dividend reinvestment plan.


The director notified the company today as soon as she became aware of the information.


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 TRANSACTIONS TOOK PLACE AS STATED IN SECTION 8 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)

Mrs Weir                                                                  1,430
LTSBRCNL AESOP1:                                                          1,290
LTSBR(I)NL:
- Mrs Weir (Single company maxi ISA):                                     3,535
HSOTC:                                                                   36,690
Conditional award of shares under the:
Lloyds TSB performance share plan                                       124,374
Lloyds TSB long term incentive plan                                     288,460

PERCENTAGE HOLDING IS MINIMAL


16. Date issuer informed of transaction

24TH 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

861,775


23. Any additional information
-

24. Name of contact and telephone number for queries

MR. A.J. MICHIE, SECRETARY                            020 7356 1043


Name and signature of duly authorised officer of issuer responsible for making
notification

MR. A.J. MICHIE, SECRETARY

Date of notification     24TH OCTOBER, 2006





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