Director/PDMR Shareholding

Lloyds TSB Group PLC
27 February 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 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

SIR (MAURICE) VICTOR BLANK

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

Sir Victor Blank                                                         100,000


8 State the nature of the transaction

Purchases of 100,000 and 160 shares on 23rd February, 2007: both transactions at
591p per share.



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)

Sir Victor Blank                                                         100,160

Pershing Keen Nominees Limited                                           100,000

PERCENTAGE HOLDING IS MINIMAL


16. Date issuer informed of transaction

27TH FEBRUARY, 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

-

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 27TH FEBRUARY, 2007



                      This information is provided by RNS
            The company news service from the London Stock Exchange