Director/PDMR Shareholding

Lloyds TSB Group PLC
21 July 2006


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The London Stock Exchange
RNS
10 Paternoster Square                                 21st July, 2006
London EC4M 7LS







Dear Sirs

Lloyds TSB Group plc ordinary shares of 25p each

Notification of interests of directors

Hill Samuel ESOP Trustees Limited, as trustee of the Lloyds TSB Group Shareplan,
transferred 162,304 ordinary shares of 25p each in the capital of Lloyds TSB
Group plc from Lloyds TSB Registrars Corporate Nominee Limited a/c AESOP1
(allocated shares) to Lloyds TSB Registrars Corporate Nominee Limited a/c AESOP2
(unallocated shares), following the forfeiture of shares, under the rules of
Shareplan, by participants who have left the group.

The following directors, together with some 77,000 other employees, are
potential participants in Shareplan and are, therefore, to be treated as
interested in the 328,047 shares held by Lloyds TSB Registrars Corporate Nominee
Limited a/c AESOP2 (unallocated shares).

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




               F:/LongTerm/DIRSINTS/2006 Shareplan/21.06.2006.doc





    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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