Director/PDMR Shareholding

Lloyds TSB Group PLC
21 May 2007



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NOTIFICATION RELATES TO (i), AS S324 HAS BEEN REPEALED

3. Name of person discharging managerial responsibilities/director

GEORGE TRUETT TATE

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

Mr. G.T. Tate                                                          1,953
Lloyds TSB Registrars Corporate Nominee Limited
AESOP1 account (LTSBRCNL AESOP1):                                      2,806
Hill Samuel Offshore Trust Company Limited (HSOTC):                   50,068
Conditional award of shares under the:
Lloyds TSB performance share plan                                    169,720
Lloyds TSB long-term incentive plan                                  631,065




8. State the nature of the transaction

90 shares were acquired by LTSBRCNL AESOP1 account, at 583p per share, for Mr. 
Tate, under the Lloyds
TSB Group Shareplan on 2nd May, 2007.

The company's registrar, which handles administrative arrangements relating to 
the Lloyds TSB Group
Shareplan, has just notified the company of the relevant details.

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 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)

MR. G.T. TATE                                                             1,953
LTSBRCNL AESOP1:                                                          2,896
HSOTC:                                                                   50,068
Conditional award of shares under the:
Lloyds TSB performance share plan                                       169,720
Lloyds TSB long-term incentive plan                                     631,065

PERCENTAGE HOLDING IS MINIMAL


16. Date issuer informed of transaction

21ST MAY, 2007





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

768,070

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 21ST MAY, 2007





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