Director Shareholding

Lloyds TSB Group PLC
6 June 2002



                                    SCHEDULE 11

            NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

    
    All relevant boxes should be completed in typed block capital letters.


    1.     Name of company                                      2.     Name of director

         LLOYDS TSB GROUP plc                                        PHILIP ROY HAMPTON

 3. Please state whether notification indicates that it is      4.     Name of the registered holder(s) and, if more
    in respect of holding of the shareholder named in 2         than one holder, the number of shares held by each of
    above or in respect of a non-beneficial interest or in      them (if notified)
    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
                                                                                             -
    HOLDING OF DIRECTOR


    5.     Please state whether notification relates to a       6.     Please state the nature of the transaction. For
    person(s) connected with the director named in 2 above      PEP transactions please indicate whether general/single
    and identify the connected person(s)                        co PEP and if discretionary/non discretionary

                              N/A                                                         N/A


    7. Number of shares/          8. Percentage of issued       9. Number of shares/          10. Percentage of issued
    amount                        class                         amount                        class
    of stock acquired                                           of stock disposed
                                                                                                      
               N/A                           N/A                         N/A                          N/A


    11. Class of security         12. Price per share           13. Date of transaction       14. Date company informed

       ORDINARY SHARES                       N/A                           N/A                           N/A
       OF 25p EACH
                       

15. Total holding following this notification
                                                                16. Total percentage holding of issued class following
                                                                this notification
                                 
                   -                                                                      N/A

                                                                                          



    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

                SEE APPENDIX                                                      SEE APPENDIX

19. Total amount paid (if any) for grant of the option         20.     Description of shares or debentures involved:
                                                               class, number
                                                               
                             NIL                                                     SEE APPENDIX


    21.     Exercise price (if fixed at time of grant) or      22.     Total number of shares or debentures over which
    indication that price is to be fixed at time of            options held following this notification
    exercise
                                                                                     
                         SEE APPENDIX                                                SEE APPENDIX


    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 6th June, 2002                    A.J. MICHIE, SECRETARY




    Company Announcements Office, Old Broad Street, London EC2N 1HP

    Facsimile: 020 7588 6057 (PLEASE DO NOT POST)

    Enquiries: Company Monitoring and Enquiries; UK Listing Authority





        APPENDIX

        LLOYDS TSB GROUP plc

        MR. P.R. HAMPTON

                                      SCHEDULE 11

              NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


        SECTIONS 17, 18, 20, 21 AND 22


        On the 5th June, 2002, Mr. Hampton was granted options to acquire a
        maximum of 326,351 ordinary shares of 25p each at 740p per share under
        the group's executive share option schemes. The actual number of shares
        to be acquired will depend on the company's ranking within a peer group.

        The options may become exercisable between 5th June, 2005 and 4th June,
        2012, or earlier in the circumstances described in the option schemes.


        A.J. Michie

        Secretary           6th June, 2002




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