Directorate Change

Lloyds TSB Group PLC
03 August 2006



87/06     3 August 2006


BOARD CHANGE AT LLOYDS TSB GROUP


As recently announced, Angela Knight will become Chief Executive of the British
Bankers' Association next year. As a result, she will leave the Lloyds TSB Group
and Scottish Widows boards on 31 October 2006.


Angela has been a non-executive director of Scottish Widows since 1997 and
deputy chairman since 2002. She joined the Lloyds TSB Group board as a
non-executive director in 2003.


Commenting on her departure, Sir Victor Blank, Chairman of Lloyds TSB Group,
said:

"Angela Knight has made a terrific contribution to the Group and will be missed
from our board. We are delighted at her appointment to the BBA, where her
extensive knowledge of financial services will be invaluable."


                         - ends -


For further information:-


Investor Relations

Michael Oliver     [phone]

Director of Investor Relations

Email: [e-mail]


Media

Mary Walsh     [phone]

Director of Corporate Relations

Email: [e-mail]




FORWARD LOOKING STATEMENTS

This announcement contains forward looking statements with respect to the
business, strategy and plans of the Lloyds TSB Group and its current goals and
expectations relating to its future financial condition and performance.
Statements that are not historical facts, including statements about Lloyds TSB
Group's or management's beliefs and expectations, are forward looking
statements. By their nature, forward looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will
occur in the future. Lloyds TSB Group's actual future results may differ
materially from the results expressed or implied in these forward looking
statements as a result of a variety of factors, including UK domestic and global
economic and business conditions, risks concerning borrower credit quality,
market related risks such as interest rate risk and exchange rate risk in its
banking businesses and equity risk in its insurance businesses, inherent risks
regarding changing demographic developments, catastrophic weather and similar
contingencies outside Lloyds TSB Group's control, any adverse experience in
inherent operational risks, any unexpected developments in regulation or
regulatory actions, changes in customer preferences, competition, industry
consolidation, acquisitions and other factors. For more information on these and
other factors, please refer to Lloyds TSB Group's Annual Report on Form 20-F
filed with the US Securities and Exchange Commission and to any subsequent
reports furnished by Lloyds TSB Group to the US Securities and Exchange
Commission or to the London Stock Exchange. The forward looking statements
contained in this announcement are made as of the date hereof, and Lloyds TSB
Group undertakes no obligation to update any of its forward looking statements.




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