Director Shareholding

GlaxoSmithKline PLC
03 March 2003

                              Directors' Interests

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


          The Administrators of the GlaxoSmithKline US Retirement
          Savings Plan ("the Plan") notified GlaxoSmithKline plc on 28
          February 2003, that as a result of movement in the fund on
          the 27 February 2003, the number of Ordinary Share ADRs held
          by the fund had decreased from 18,463,757 to 18,461,602 at
          an average price of $34.76.


The Plan is a discretionary fund of which all employees or former employees of
GlaxoSmithKline plc and its subsidiaries are potential beneficiaries. One of the
Company's directors, Dr J P Garnier is therefore potentially interested in the
shares held in the fund from time to time in the same way as other employees or
former employees of GlaxoSmithKline plc and its subsidiaries.




S M Bicknell

Company Secretary


3 March 2003


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