Director/PDMR Shareholding

Lloyds TSB Group PLC
02 March 2006







The London Stock Exchange
RNS
10 Paternoster Square
London EC4M 7LS
                                                             2nd March, 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 9,345 ordinary shares of 25p
each in the capital of Lloyds TSB Group plc at 321p per share to an individual
who had exercised share options 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 1,215,501 shares held by the trust.


Mr. J.E. Daniels

Ms. T.A. Dial

Mr. M.E. Fairey

Mr. A.G. Kane

Mr. G.T. Tate

Mr. M.A. van den Bergh

Mrs. H.A. Weir






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

Yours faithfully,







A.J. Michie

Secretary



        


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