Director Shareholding

Lloyds TSB Group PLC
19 October 2000

                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    LLOYDS TSB GROUP PLC

2)  NAME OF DIRECTOR

    ARCHIBALD GERARD KANE

3)  Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a
    non-beneficial interest or in the case of an individual holder
    if it is a holding of that person's spouse or children under the
    age of 18 or in respect of an non-beneficial interest

    SEE APPENDIX

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

    SEE APPENDIX

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    SEE APPENDIX

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    SEE APPENDIX

7)  Number of shares/amount of
    stock acquired

    SEE APPENDIX

8)   (N/A %)
    of issued Class

     MINIMAL

9)  Number of shares/amount
    of stock disposed

    N/A

10)  ( N/A %)
    of issued Class


11) Class of security

    ORDINARY SHARES OF 25p EACH

12) Price per share

     SEE APPENDIX

13) Date of transaction

     SEE APPENDIX

14) Date company informed

     SEE APPENDIX

15) Total holding following this notification

     SEE APPENDIX

16) Total percentage holding of issued class following this notification

     MINIMAL


     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

      -

18) Period during which or date on which exercisable

      -

19) Total amount paid (if any) for grant of the option

      -

20) Description of shares or debentures involved: class, number.

      -

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

      -

22) Total number of shares or debentures over which options held
    following this notification

     329,331

23) Any additional information

      -

24) Name of contact and telephone number for queries

    A.J. MICHIE, SECRETARY
    020 7356 1043

25) Name and signature of authorised company official responsible for
    making this notification

   Date of Notification    19TH OCTOBER, 2000                                



APPENDIX
LLOYDS TSB GROUP PLC
MR A G KANE


                        SCHEDULE 11
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


SECTION 4

Names of the registered holders and the number of shares held by each of them
before this notification:

   Mr A G Kane:                                              74,441
   Miss D M Muirhead (Mrs Kane):                                613
   Lloyds TSB Share Schemes Trustees Limited (LTSBSSTL):      3,005
   Lloyds TSB Registrars (ISA) Nominees Limited (LTSBR(I)NL)
     - Mr Kane                                                  792

SECTIONS 3,5,6,7,12,13 AND 14

14 shares were purchased by Lloyds TSB Registrars (ISA) Nominees Limited on 11th
October, 2000 at 608p per share for Mr Kane's single company ISA.

LTSBR(I)NL notify investors by post of details relating to ISAs.  The director
was, therefore, not aware of the change relating to the holding until some time
after the transaction.  The director notified the company today as soon as he
received the information from LTSBR(I)NL.

SECTION 15

Total holding following this notification:

   Mr A G Kane:                          74,441
   Miss D M Muirhead (Mrs Kane)             613
   LTSBSSTL:                              3,005
   LTSBR(I)NL    
    -Mr Kane:                               806



                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    LLOYDS TSB GROUP PLC

2)  NAME OF DIRECTOR

    MICHAEL EDWARD FAIREY

3)  Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a
    non-beneficial interest or in the case of an individual holder
    if it is a holding of that person's spouse or children under the
    age of 18 or in respect of an non-beneficial interest

    SEE APPENDIX

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

    SEE APPENDIX

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    SEE APPENDIX

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    SEE APPENDIX

7)  Number of shares/amount of
    stock acquired

    SEE APPENDIX

8)   (N/A %)
    of issued Class

     MINIMAL

9)  Number of shares/amount
    of stock disposed

     N/A

10)  ( N/A %)
    of issued Class

     N/A

11) Class of security

     ORDINARY SHARES OF 25p EACH


12) Price per share

     SEE APPENDIX

13) Date of transaction

     SEE APPENDIX

14) Date company informed

     SEE APPENDIX

15) Total holding following this notification

     SEE APPENDIX

16) Total percentage holding of issued class following this notification

     MINIMAL


     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

      -

18) Period during which or date on which exercisable

      -

19) Total amount paid (if any) for grant of the option

      -

20) Description of shares or debentures involved: class, number.

      -

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

      -

22) Total number of shares or debentures over which options held
    following this notification

            427,809

23) Any additional information

      -

24) Name of contact and telephone number for queries

       A J MICHIE, SECRETARY
       020 7356 1043

25) Name and signature of authorised company official responsible for
    making this notification

   Date of Notification   19TH OCTOBER 2000                              



APPENDIX

LLOYDS TSB GROUP PLC
MR M E FAIREY


                        SCHEDULE 11
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

SECTION 4

Names of the registered holders and the number of shares held by each of them
before this notification:

Mr Fairey:                                                   67,257
Lloyds TSB Share Schemes Trustees Limited (LTSBSSTL):         3,005
Lloyds TSB Registrars (ISA) Nominees Limited (LTSBR(I)NL):  
  - Mr Fairey (Single company maxi ISA):                      1,924

SECTIONS 3,5,6,7,12,13 AND 14

32 shares were purchased by Lloyds TSB Registrars (ISA) Nominees Limited on 11th
October, 2000 at 608p per share for Mr Fairey's single company ISA.

LTSBR(I)NL notify investors by post of details relating to ISAs.  The director
was, therefore, not aware of the change relating to the holding until some time
after the transaction.  The director notified the company today as soon as he
received the information from LTSBR(I)NL.

SECTION 15

Total holding following this notification:

   Mr Fairey:                             67,257   
   LTSBSSTL:                               3,005
   LTSBR(I)NL    
   -Mr Fairey: (Single company maxi ISA):  1,956