Result of AGM

Lloyds TSB Group PLC
24 May 2004

                                                                  24th May, 2004

NEWS RELEASE

                 ANNUAL GENERAL MEETING OF LLOYDS TSB GROUP PLC

At the annual general meeting, held on Friday, 21st May, 2004, all the
resolutions were passed and the results of the polls are as follows:

Resolution                                                 For                      Against                Vote withheld

1. Receiving                              2,686,693,198 shares            11,208,673 shares           112,058,344 shares
   the report and accounts

2. Approval of the directors'         2,611,013,493 shares            92,698,704 shares           106,289,974 shares
   remuneration report

3. Election of directors

 a. Mr P G Ayliffe                        2,788,213,727 shares             6,837,323 shares            14,949,344 shares

(b) Dr W C G Berndt                       2,786,316,831 shares             8,090,215 shares            15,534,381 shares

 c. Mrs A A Knight                        2,783,056,064 shares            11,693,962 shares            15,244,918 shares

(d)     Mrs H A Weir                      2,784,511,076 shares            10,081,035 shares            15,339,140 shares

4. Re-election of directors

(a) Mr Ewan Brown                         2,786,783,293 shares             8,027,780 shares            15,131,648 shares

(b) Mr J E Daniels                        2,786,763,458 shares             8,206,771 shares            14,977,983 shares

(c) Mr D P Pritchard                      2,747,351,528 shares            14,601,734 shares            47,994,247 shares

(d) Mr M A van den Bergh                  2,727,484,210 shares            37,146,606 shares            45,370,559 shares

5. Re-appointment of the                  2,731,668,218 shares            17,603,319 shares            60,661,195 shares
   auditors

6. Directors' authority to set            2,786,503,964 shares             9,440,752 shares            14,061,709 shares
   the remuneration of the
   auditors

7. Directors' authority to                2,771,916,871 shares            20,098,980 shares            17,987,429 shares
   allot shares

8. Directors' power to issue              2,733,969,617 shares            72,624,375 shares             3,401,173 shares
   shares for cash

9. Authority for the company              2,792,111,940 shares             3,344,311 shares            14,548,884 shares
   to purchase its shares

10. Adoption of new articles              2,736,289,745 shares            51,748,101 shares            21,961,109 shares
    of association

11. Approval of a new                 2,576,727,635 shares           154,165,211 shares            79,111,337 shares
    performance share plan and
    changes to the executive
    share option  scheme

      On 21st May, 2004 there were 5,595,385,121 relevant shares in issue.

                                     -ENDS-


                      This information is provided by RNS
            The company news service from the London Stock Exchange