Directors' Dealings

Lloyds TSB Group PLC
8 March 2000


                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

LLOYDS TSB GROUP PLC

2)  NAME OF DIRECTOR

MICHAEL KENT ATKINSON

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

HOLDING OF DIRECTOR

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 BELOW

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 BELOW

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

SEE BELOW

7)  Number of shares/amount of
    stock acquired

N/A

8)   (    % )
    of issued Class

N/A

9)  Number of shares/amount
    of stock disposed

N/A

10)  (    % )
   of issued Class

N/A

11) Class of security

-

12) Price per share

-

13) Date of transaction

N/A

14) Date company informed

N/A

15) Total holding following this notification

SEE BELOW

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

06/03/2000

18) Period during which or date on which exercisable

06/03/2003 TO 05/03/2010

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

NIL

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

ORDINARY SHARES OF 25P - 59,144

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

549.5P

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

410,019

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.....8 MARCH 2000..............



APPENDIX

LLOYDS TSB GROUP PLC
MR M.K. ATKINSON

SECTION 4

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

Mr Atkinson:                                                  2,729
Lloyds TSB Share Schemes Trustees Limited                     3,267
Perry Nominees Limited (PNL):                                16,866
Lloyds Bank (PEP) Nominees) Limited (LB(PN)L:
- Mr Atkinson (Single company)                                3,200
- Mrs Atkinson (Single company)                               1,342
- Mrs Atkinson (General)                                      1,238
Boltro Nominees Limited (BNL):
- Mr Atkinson (Sharelect ISA):                                  955

SECTIONS 5 AND 6

264 shares were transferred from Mr Atkinson to Perry Nominees Limited on 20th
October, 1999.  This was not notifiable under the Companies Act, as there was no
transfer of ownership.

SECTION 15

Total holding following this notification:

Mr Atkinson                                                   2,465
LTSBSSTL:                                                     3,267
PNL:                                                         17,130
LB(PN)L:
- Mr Atkinson (Single company)                                3,200
- Mrs Atkinson (Single company)                               1,342
- Mrs Atkinson (General)                                      1,238
Boltro Nominees Limited (BNL):
- Mr Atkinson (Sharelect ISA):                                  955


                       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 Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

N/A

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 BELOW

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

N/A

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

N/A

7)  Number of shares/amount of
    stock acquired

N/A

8)   (    % )
    of issued Class

N/A

9)  Number of shares/amount
    of stock disposed

N/A

10)  (    % )
   of issued Class

N/A

11) Class of security

-

12) Price per share

-

13) Date of transaction

N/A

14) Date company informed

N/A

15) Total holding following this notification

SEE BELOW

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

06/03/2000

18) Period during which or date on which exercisable

06/03/2003 TO 05/03/2010

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

NIL

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

ORDINARY SHARES OF 25P - 64,786

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

549.5P

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

318,592

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.......8 MARCH 2000.................

APPENDIX

LLOYDS TSB GROUP PLC
NR A.G. KANE


SECTIONS 4 AND 15

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

Mr A.G. Kane:                                             68,810
Miss D.M. Muirhead (Mrs Kane):                               613
Lloyds TSB Share Schemes Trustees Limited (LTSBSSTL):      3,267
Lloyds TSB Registers (ISA) Nominees Limited (LTSBR(1)NL):
- Mr Kane:                                                   768


                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

LLOYDS TSB GROUP PLC

2)  NAME OF DIRECTOR

PETER BRIAN ELLWOOD

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

N/A

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 BELOW

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

N/A

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

N/A

7)  Number of shares/amount of
    stock acquired

N/A

8)   (    % )
    of issued Class

N/A

9)  Number of shares/amount
    of stock disposed

N/A

10)  (    % )
   of issued Class

N/A

11) Class of security

-

12) Price per share

-

13) Date of transaction

N/A

14) Date company informed

N/A

15) Total holding following this notification

SEE BELOW

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

06/03/2000

18) Period during which or date on which exercisable

06/03/2003 TO 05/03/2010

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

NIL

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

ORDINARY SHARES OF 25P - 80,364

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

549.5P

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

570,850

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....8 MARCH 2000......................

APPENDIX

LLOYDS TSB GROUP PLC
MR P.B. ELLWOOD

SECTIONS 4 AND 15


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

Mr Ellwood:                                             36,883
Mrs Ellwood:                                           134,924
Lloyds TSB Share Schemes Trustees Limited (LTSBSSTL):    3,267
Lloyds Bank (PEP Nominees) Limited (LB(PN)L):
- Mr Ellwood (Single company):                             544
- Mrs Ellwood (Single company):                            544



                       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 Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

N/A

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 BELOW

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

N/A

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

N/A

7)  Number of shares/amount of
    stock acquired

N/A

8)   (    % )
    of issued Class

N/A

9)  Number of shares/amount
    of stock disposed

N/A

10)  (    % )
   of issued Class

N/A

11) Class of security

-

12) Price per share

-

13) Date of transaction

N/A

14) Date company informed

N/A

15) Total holding following this notification

SEE BELOW

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

06/03/2000

18) Period during which or date on which exercisable

06/03/2003 TO 05/03/2010

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

NIL

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

ORDINARY SHARES OF 25P - 85,896

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

549.5P

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

416,878

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....8 MARCH 2000.....................


APPENDIX

LLOYDS TSB GROUP PLC
MR M.E. FAIREY

SECTIONS 4 AND 15

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

Mr Fairey:                                                  66,777
Lloyds TSB Share Schemes Trustees Limited (LTSBSSTL):        3,267
Lloyds TSB Registrars (ISA) Nominees Limited (LTSBR(1)NL):
- Mr Fairey (Single company maxi ISA):                         832



                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

LLOYDS TSB GROUP PLC

2)  NAME OF DIRECTOR

DENNIS HOLT

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

N/A

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 BELOW

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

N/A

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

N/A

7)  Number of shares/amount of
    stock acquired

N/A

8)   (    % )
    of issued Class

N/A

9)  Number of shares/amount
    of stock disposed

N/A

10)  (    % )
   of issued Class

N/A

11) Class of security

-

12) Price per share

-

13) Date of transaction

N/A

14) Date company informed

N/A

15) Total holding following this notification

SEE BELOW

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

06/03/2000

18) Period during which or date on which exercisable

06/03/2003 TO 05/03/2010

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

NIL

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

ORDINARY SHARES OF 25P - 42,038

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

549.5P

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

95,275

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....8 MARCH 2000.....................

APPENDIX

LLOYDS TSB GROUP PLC
MR DENNIS HOLT

SECTIONS 4 AND 15

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

Mr Holt:                                                       1,385
Mrs Holt:                                                     10,643
Lloyds TSB Share Schemes Trustees Limited (LTSBSSTL):
Mr Holt:                                                       3,267
Mrs Holt:                                                        860
Lloyds Bank (PEP Nominees) Limited (LB(PN)L):
- Mr Holt (Single company):                                    1,880



                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

LLOYDS TSB GROUP PLC

2)  NAME OF DIRECTOR

DAVID PETER PRITCHARD

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

N/A

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

LLOYDS TSB SHARE SCHEMES TRUSTEES LIMITED (LTSBSSTL):   866

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

N/A

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

N/A

7)  Number of shares/amount of
    stock acquired

N/A

8)   (    % )
    of issued Class

N/A

9)  Number of shares/amount
    of stock disposed

N/A

10)  (    % )
   of issued Class

N/A

11) Class of security

-

12) Price per share

-

13) Date of transaction

N/A

14) Date company informed

N/A

15) Total holding following this notification

LTSBSSTL:     866

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

06/03/2000

18) Period during which or date on which exercisable

06/03/2003 TO 05/03/2010

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

NIL

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

ORDINARY SHARES OF 25P - 71,519

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

549.5P

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

166,206

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.....8 MARCH 2000................