Director Shareholding

Lloyds TSB Group PLC
23 December 2003

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company
LLOYDS TSB GROUP plc

2. Name of director
PHILIP ROY HAMPTON

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 a non-beneficial
interest
SEE SECTION 6

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

Perry Nominees Limited:
        - Mr. P.R. Hampton                            615
        - Mrs. M.A. Hampton                         4,400

Lloyds TSB Registrars Corporate Nominee Limited
AESOP1 account (LTSBRCNL AESOP1):                     960

Lloyds Bank (PEP Nominees) Limited:
        - Mr. P.R. Hampton (General Managed PEP)      547
        - Mrs. M.A. Hampton: (General Managed PEP)    459


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 SECTION 6

6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary
On 22nd December, 2003, 37 shares were acquired by Lloyds
TSB Registrars Corporate Nominee Limited AESOP1 account at
425.75p per share for Mr. Hampton, under the Lloyds TSB
Group Shareplan, as follows:

     30 "partnership shares"; and
      7 "matching shares".

The company's registrar, which handles administrative
arrangements relating to the Lloyds TSB Group Shareplan, has
just notified the company of the relevant details.

7. Number of shares/amount of stock acquired
SEE SECTION 6

8. Percentage of issued class
MINIMAL

9. Number of shares/amount of stock disposed
N/A

10. Percentage of issued class
N/A

11. Class of security
ORDINARY SHARES OF 25p EACH

12. Price per share
SEE SECTION 6

13. Date of transaction
SEE SECTION 6

14. Date company informed
SEE SECTION 6

15. Total holding following this notification

Perry Nominees Limited:
- Mr. P.R. Hampton                             615
- Mrs. M.A. Hampton                          4,400

LTSBRCNL AESOP1:                               997

Lloyds Bank (PEP Nominees) Limited:
- Mr. P.R. Hampton (General Managed PEP)       547
- Mrs. M.A. Hampton: (General Managed PEP)     459

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
972,417

23. Any additional information
-

24. Name of contact and telephone number for queries
M.R. HATCHER, DEPUTY SECRETARY               020 7356 2108

25. Name and signature of authorised company official responsible for making
this notification
M.R. HATCHER, SECRETARY

Date of Notification
23RD DECEMBER, 2003



The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.


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