Holding in Company

Lloyds TSB Group PLC
12 March 2001


LETTER TO: LLOYDS TSB GROUP PLC
LETTER DATED: 8TH MARCH 2001


COMPANIES ACT 1985 ('THE ACT') - PART VI

I hereby inform you that as of the date of this letter Barclays PLC, through its
subsidiary Barclays Bank PLC, has a notifiable interest in the capital of your
Company of 3.63%.

Details of this interest, together with a breakdown between registered holders
(as required by Section 202(3) of the Act), are set out on the schedule below.

The issued capital of 5,506,206,014 is the latest figure available to us: if
this is incorrect please let me know.


Geoff Smith
Assistant Secretary


LETTER FROM: BARCLAYS PLC




LETTER TO: BARCLAYS PLC
LETTER DATED: 12TH MARCH, 2001


Thank you for your letter dated 8th March, 2001, which we received today, about
Barclays PLC's interest in shares of Lloyds TSB Group plc.

You asked us to notify you if the issued share capital figure quoted by you was
incorrect, which it is. The current issued capital is 5,538,763,347. The
notifiable interest percentage would, therefore, be 3.61%, as opposed to the
3.63% quoted in your letter.

I notice from the schedule to your letter that the 'registered holder' column
records 'unknown' against a number of the holdings.


LETTER FROM: LLOYDS TSB




SCHEDULE

BARCLAYS BANK PLC - REGISTERED HOLDERS ANALYSIS


LLOYDS TSB GROUP                        SEDOL NUMBER: 870612

As at 08/03/2001 Barclays PLC, through its subsidiary Barclays Bank PLC, had a
notifiable interest in 199,970,115 ORD GBP 0.25 units representing 3.61% of the
issued share capital of 5,538,763,347 units.

Registered Holder                                                   Holding

MSTC Nominees Ltd                                                   116,954
MSTC Nominees Ltd                                                   794,872
***Unknown***                                                        50,000
Barclays Capital Nominees Limited                                79,373,008
Bank of Ireland Nominees Limited             289175                 153,160
Bank of Ireland Nominees Limited              73520                 471,353
Dematerialised                                                       87,820
Chase Nominees Limited                        16331               2,103,786
Chase Nominees Limited                        16338                 271,026
Chase Nominees Limited                        16341               4,985,748
Chase Nominees Limited                        16342                 484,709
Chase Nominees Limited                        16344                 165,698
Chase Nominees Limited                        16345                 350,400
Chase Nominees Limited                        16376                 802,807
Chase Nominees Limited                        16400              52,598,172
Chase Nominees Limited                        16530              12,289,733
Chase Nominees Limited                        18409               1,181,858
Chase Nominees Limited                        20947               5,061,389
DEM 69                                                            1,301,105
Barclays Bank Trust Co Ltd & 
 third party nominee                                                  7,875
Barclays Bank Trust Co Ltd as executor                               61,922
***Unknown***                                                         8,387
Phildrew Nominees Limited                                           127,119
Barclays Bank Trust Co Ltd - IMA                                     49,970
Barclays Bank Trust Company Ltd - PEP                                 5,985
Twenty Nine Gracechurch 
 Street Nominees Limited a/c 5781C                               27,359,541
Twenty Nine Gracechurch 
 Street Nominees Limited Account 5781C                              179,299
Chase Manhattan Bank                                                727,657
Chase Nominees Ltd A/C Lend 16201                                   195,151
Chase Nominees Ltd A/C BGIOMNI 19688                                702,721
***Unknown***                                                        15,565
Investors Bank & Trust Company                                      161,524
***Unknown***                                                     4,455,291
Barclays Bank Trust Company Ltd                                       6,165
***Unknown***                                                     1,993,186
***Unknown***                                                        24,169
***Unknown***                                                       196,485
***Unknown***                                                        17,908
***Unknown***                                                        67,878
***Unknown***                                                        97,141
***Unknown***                                                         7,300
Barclays Bank Trust Co Ltd and another                              233,278
Nutraco Nominees Limited                                            625,000

                                                       Total    199,970,115