Holding(s) in Company

Lloyds TSB Group PLC
26 October 2004


To:    Lloyds TSB Group plc                                         
Dated: 20 October 2004


                            SECTION 198 NOTIFICATION 
                            Notification of Increase
 
     This Notice is given by The Capital Group Companies, Inc. on behalf of its 
affiliates, including Capital Research and Management Company, Capital 
International S.A., Capital International, Inc., Capital International Limited, 
and Capital Guardian Trust 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 (5,596,132,868 shares outstanding)

     Number of shares in which the Companies have an interest:

          252,055,261 
     
     Name(s) of registered holder(s):

          See Schedule B



As of 20 October 2004

Lloyds TSB Group plc
 
                                                                      Number of           Percent of 
                                                                         Shares          Outstanding

The Capital Group Companies. Inc. ("CG") holdings                   225,055,061               4.504%

Holdings by CG Management Companies and Funds:

• Capital Guardian Trust Company                                     17,385,861               0.311%

• Capital International Limited                                      47,495,241               0.849%

•  Capital International S.A.                                         5,783,069               0.103%

• Capital International, Inc.                                        12,561,719               0.224%

• Capital Research and Management Company                           168,839,171               3.017%


                                        Schedule A



                    Schedule of holdings in Lloyds TSB Group plc 
                                 As of 6 September 2004


                           Capital Guardian Trust Company
 

Registered Name                                           Local Shares

State Street Nominees Limited                                3,057,300

Bank of New York Nominees                                      487,000

Northern Trust                                                  17,803

Chase Nominees Limited                                       7,607,477

BT Globenet Nominees Ltd.                                      189,200

Midland Bank plc                                             2,356,300

Bankers Trust                                                  352,800

Barclays Bank                                                   94,000

                                   Schedule B
                                  Page 1 of 11



Citibank London                                                 12,400
 
Nortrust Nominees                                            2,518,681

MSS Nominees Limited                                            15,900

Citibank                                                        11,500

Citibank NA                                                     20,100
Toronto

HSBC Bank plc                                                    8,100

Mellon Nominees (UK) Limited                                   622,800

HSBC                                                            14,500

                                                  TOTAL     17,385,816


                                 Schedule B
                                Page 2 of 11



                       Capital International Limited
 
Registered Name                                           Local Shares

State Street Nominees Limited                                  734,700

Bank of New York Nominees                                   15,015,690

Northern Trust                                               2,933,010

Chase Nominees Limited                                       7,117,462

Midland Bank plc                                               553,600

Bankers Trust                                                  486,600

Barclays Bank                                                  391,800

Citibank London                                              1,050,400
 

                                 Schedule B 
                                Page 3 of 11


Morgan Guaranty                                                451,800

Nortrust Nominees                                            8,706,798

Royal Bank of Scotland                                         232,300

State Street Bank & Trust Co.                                3,987,003

National Westminster Bank                                       39,300

Citibank NA                                                     41,200
Toronto

Deutsche Bank AG                                             1,744,154

Chase Manhattan Nominee Ltd.                                    72,000
Australia

HSBC Bank plc                                                1,792,624

                                Schedule B 
                               Page 4 of 11



Mellon Bank N.A.                                               886,700

Northern Trust AVFC                                            658,800
South Africa

KAS UK                                                         101,700

Mellon Nominees (UK) Limited                                   183,100

Bank One London                                                228,800

Clydesdale Bank plc                                             64,700

JP Morgan Chase Bank                                            21,000

                                             TOTAL          47,495,241



                                Schedule B
                               Page 5 of 11


 
                        Capital International S.A.
 
Registered Name                                           Local Shares 

State Street Nominees Limited                                   22,600

Bank of New York Nominees                                       24,200

Chase Nominees Limited                                       1,601,208

Midland Bank plc                                               222,600

Barclays Bank                                                  249,900

Pictet & Cie, Geneva                                            31,200

Citibank London                                                 26,900

Brown Bros.                                                     22,200


                                Schedule B
                               Page 6 of 11


Nortrust Nominees                                               17,500

Morgan Stanley                                                  18,500

Royal Bank of Scotland                                         156,000

J.P. Morgan                                                  2,483,361

State Street Bank & Trust Co.                                  120,300

National Westminster Bank                                       48,700

Lloyds Bank                                                     64,500

RBSTB Nominees Ltd.                                            135,300

Citibank NA                                                     18,200


                                Schedule B
                               Page 7 of 11



Deutsche Bank AG                                                53,300

HSBC Bank plc                                                  266,600
 
                                                 TOTAL       5,783,069


                                Schedule B 
                               Page 8 of 11




                       Capital International, Inc.
 
Registered Name                                           Local Shares 

State Street Nominees Limited                                3,199,793

Bank of New York Nominees                                    1,163,910

Northern Trust                                                  37,000

Chase Nominees Limited                                       5,143,900

Midland Bank plc                                               214,400

Bankers Trust                                                   65,500

Citibank London                                                164,700

Brown Bros.                                                     63,800
 
                               Schedule B
                              Page 9 of 11

 
Nortrust Nominees                                              797,300

Royal Bank of Scotland                                          50,000

State Street Bank & Trust Co.                                  502,900

Citibank                                                        35,900

RBSTB Nominees Ltd.                                             10,900

Citibank NA                                                    736,724

HSBC Bank plc                                                  123,446

JP Morgan Chase Bank                                           241,600

                                                  TOTAL     12,551,719


                               Schedule B
                              Page 10 of 11
     

 
                    Capital Research and Management Company
 
Registered Name                                           Local Shares 

Chase Nominees Limited                                     168,754,671

JPM Nominees Ltd.                                                4,600

State Street Bank & Trust Co.                                   79,900
 
                                                  TOTAL    168,839,171

                               Schedule B
                              Page 11 of 11


From: The Capital Group Companies, Inc.


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