Holding in Company

Lloyds TSB Group PLC
22 May 2001


Letter to Company Announcements Office

Dated 22nd May 2001

DISCLOSURE OF INTEREST IN SHARES
COMPANIES ACT 1985

I enclose a copy of a letter dated 21st May, 2001 from The Capital Group
Companies, Inc. notifying us that they no longer have a notifiable interest in
the share capital of this company.

This notification is made to comply with paragraph 9.11 of the listing rules.

From Lloyds TSB Group plc


Letter to Lloyds TSB Group plc

Re: Section 198 Notification

Company Secretary;

     Enclosed is a Section 198 Notification dated 18 May 2001

Please note that one or more of the affiliates of The Capital Group Companies,
Inc. have made notifications to your company pursuant to Section 198 previously.
For a description of our organization, please visit our Web site at
www.capgroup.com.

For the purposes of this notification an outstanding share balance of
5,507,509,705 shares was used to calculate the percentages of holdings of the
relevant share capital which determine the notifiable interest.  We believe this
outstanding share balance is current; however, if this number is not accurate,
please contact us as soon as possible so we may make the necessary revisions to
this Notification.

Should you have questions or require additional information, please contact
Romeo Ybanez at [phone] or Inmo Khang at [phone], or send a fax
message to [phone].  Alternatively, you may contact us via E-mail at
[e-mail].

From The Capital Group Companies, INC.

                          SECTION 198 NOTIFICATION
                          Notification of Decrease

This Notice is given by The Capital Group Companies, Inc. on behalf of its
affiliates including Capital Guardian Trust Company, Capital International
Limited, Capital International S.A., Capital International, Inc, and Capital
Research and Management Company, pursuant to Section 198 of the Companies Act
1985

The interest in the relevant share capital indicated below arises by virtue of
holdings attributed to the Companies (see Schedule A).  These holdings form part
of funds managed on behalf of investment clients by the Companies.

Share capital to which this relates:

     Ordinary Shares (5,507,509,705 shares outstanding)

Number of shares in which the Companies have an interest:

     159,909,046

Name(s) of registered holder(s):

     See Schedule B

Lloyds TSB Group plc

                                                   Number of       Percent of
                                                      Shares      Outstanding

The Capital Group Companies Inc('CG')holdings     159,909,046         2.90%

Holdings by CG Management Companies and Funds:


- Capital Guardian Trust Company                   86,165,091         1.56%

- Capital International Limited                    27,005,890         0.49%

- Capital International S.A.                        5,915,644         0.11%

- Capital International Inc                         4,591,421         0.08%

- Capital Research and Management Company          36,231,000         0.66%

                                  Schedule A



               Schedule of holdings in Lloyds TSB Group plc 
                               As of 18 May 2001

                    Capital Guardian Trust Company

Registered Name                                                  Local Shares

State Street Nominees Limited                                    13,126,695
Bank of New York Nominees                                         1,716,955
Chase Nominees Limited                                           34,389,461
BT Globenet Nominees Ltd                                            304,906
Midland Bank plc                                                 17,054,814
Deutsche Bank Mannheim                                                2,500
Bankers Trust                                                     4,295,776
Barclays Bank                                                     1,518,972
Citibank London                                                   2,466,594
Nortrust Nominees                                                10,691,312
Royal Bank of Scotland                                               27,934
MSS Nominees Limited                                                109,300
State Street Bank & Trust Co                                         10,100
National Westminster Bank                                             6,000
Citibank NA                                                         140,645
HSBC Bank plc                                                         1,267
ROY Nominees Limited                                                 65,260
Mellon Nominees (UK)Limited                                         236,600

                                                TOTAL            86,165,091

                              Schedule B



                       Capital International Limited

Registered Name                                                 Local Shares

State Street Nominees Limited                                    1,398,080
Bank of New York Nominees                                        2,958,556
Chase Nominees Limited                                           7,256,375
Midland Bank plc                                                    74,991
Bankers Trust                                                    8,911,761
Barclays Bank                                                      172,080
Citibank London                                                    534,345
Morgan Guaranty                                                     66,467
Nortrust Nominees                                                4,014,719
Royal Bank of Scotland                                              17,975
MSS Nominees Limited                                                84,000
State Street Bank & Trust Co                                        66,566
Lloyds Bank                                                         38,132
Vidacos Nominees Ltd                                                79,277
Citibank                                                            40,138
Citibank NA                                                         92,878
Deutsche Bank AG                                                   973,349
HSBC Bank plc                                                      151,300
KAS UK                                                              74,902

                                                  TOTAL         27,005,890


                        Capital International S.A.

Registered Name                                               Local Shares

State Street Nominees Limited                                      250,820
Bank of New York Nominees                                           82,532
Chase Nominees Limited                                           2,276,389      
Credit Suisse London Branch                                         36,044
Midland Bank plc                                                   337,237
Barclays Bank                                                      438,566
Royal Bank of Scotland                                           1,844,591
National Westminster Bank                                           63,600
Lloyds Bank                                                        103,251
Vidacos Nominees Ltd                                               201,100
RBSTB Nominees Ltd                                                  92,114
Citibank NA                                                         39,000
Deutsche Bank AG                                                   150,500

                                                  TOTAL          5,915,644

                             Schedule B


                       Capital International, Inc

Registered Name                                                Local Shares

State Street Nominees Limited                                    1,330,356
Bank of New York Nominees                                          263,053
Chase Nominees Limited                                           2,260,552
Midland Bank plc                                                    36,525
Deutsche Bank Mannheim                                              90,520
Bankers Trust                                                       19,931
Citibank London                                                     24,209
Nortrust Nominees                                                  342,745
State Street Bank & Trust Co                                       143,000
Citibank NA                                                         30,551
Deutsche Bank AG                                                    49,979

                                                  TOTAL          4,591,421

                              Schedule B
              
                 Capital Research and Management Company

Registered Name                                               Local Shares

State Street Nominees Limited                                    1,100,000
Chase Nominees Limited                                          35,131,000

                                                  TOTAL         36,231,000