Directorate Change

Lloyds TSB Group PLC
24 April 2003


                                                                  24 April, 2003


LLOYDS TSB GROUP BOARD CHANGES

The board is pleased to announce that Angela Knight and Wolfgang Berndt have
been appointed non-executive directors of Lloyds TSB Group plc from 1st May,
2003.

Angela Knight, is Chief Executive of the Association of Private Client
Investment Managers and Stockbrokers and holds non-executive directorships with
LogicaCMG plc, South East Water plc and the Port of London Authority.

Wolfgang Berndt is a non-executive director of Cadbury Schweppes plc and GfK AG,
and is Chairman of the Institute for the Future.


                         -ends-

For further information:

Lloyds TSB Press Office

Tel: [phone]

Notes:

(1)  Biographical details of the new directors are attached.

(2)  To comply with paragraph 16.4 of the UK Listing Authority listing rules,
     the company confirms that:


     (i)    Mrs. Knight is a director of LogicaCMG plc and South East Water plc;

     (ii)   Dr. Berndt is a director of Cadbury Schweppes plc;

     (iii)  Except as disclosed above, neither of these directors held any
            directorship in any other UK publicly quoted company in the past
            five years; and

     (iv)   there are no matters required by paragraphs 6.F.2(b) to (g) of the 
            listing rules to be disclosed regarding these directors.

        BIOGRAPHICAL DETAILS

        ANGELA KNIGHT

        Angela Knight (aged 52) began her career with Air Products Limited, an
        American industrial gas company.

        From 1987 to 1992 she was Councillor and Chief Whip on Sheffield City
        Council. She entered parliament in 1992 as MP for Erewash and was
        Economic Secretary to the Treasury between 1995 and 1997.

        Angela has been a director of Scottish Widows since 1997 and Deputy
        Chairman since 2002, and is currently Chief Executive of the Association
        of Private Client Investment Managers and Stockbrokers. She is also a
        non-executive director of LogicaCMG plc, South East Water plc and the
        Port of London Authority.

        DR. WOLFGANG BERNDT

        Wolfgang Berndt (aged 60) joined Proctor and Gamble in 1967 and held a
        number of senior and general management appointments there, particularly
        in Europe and North America, before retiring in 2001. In 2002, he joined
        the boards of Cadbury Schweppes plc and GfK AG, an international leader
        in market research. He is also Chairman of the Institute for the Future,
        based in San Francisco.



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