Director Shareholding

GlaxoSmithKline PLC
26 June 2002


                              Directors' Interests



I give below details of changes in directors' interests in the Ordinary Shares
of GlaxoSmithKline plc.

25 June 2002                  Abacus (GW) Trustees Limited, as trustee of The Glaxo Wellcome Employee Trust
                              ("the Trust"), transferred 2,064 Ordinary Shares in the Company to participants of
                              the Glaxo Wellcome 1999 Long Term Incentive Plan. The Trust also sold 1,381
                              Ordinary Shares in the Company at £13.7055 per share.




The Company was advised of these transactions on 26 June 2002.


The Trust is a discretionary trust of which all employees or former employees of
GlaxoSmithKline Services Unlimited (formerly Glaxo Wellcome plc) and its
subsidiaries are potential beneficiaries. One of the Company's directors, John
Coombe is therefore interested in the shares held in the Trust from time to time
in the same way as other employees or former employees of GlaxoSmithKline
Services Unlimited and its subsidiaries.




S M Bicknell

Company Secretary




26 June 2002



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