Directors' Notification of Dealing in Shares

Lloyds TSB Group PLC
28 April 2000


Lloyds TSB Group plc - Notification of interests of directors

Lloyds TSB Share Schemes Trustees Limited, as trustee of the TSB Group employee
trust, and Lloyds TSB Quest Limited, as trustee of the Lloyds TSB qualifying
share ownership trust, yesterday transferred 506,054 and 252,389 shares,
respectively, to individuals who had exercised share options granted under the
group's employee share schemes.

The following directors, together with some 70,000 other employees, are
potential beneficiaries of the  trusts and are therefore to be treated as
interested in the remaining 1,288,552 and 15,114,686 shares, respectively, held
by theses trusts.

Mr. M.K. Atkinson
Mr. P.B. Ellwood
Mr. M.E. Fairey
Mr. D. Holt
Mr. A.G. Kane
Mr. A.E. Moore
Sir Brian Pitman
Mr. D.P. Pritchard
Mr. M.D. Ross

This notification is made to comply with paragraph 16.13 of the listing rules.