Director/PDMR Shareholding

Lloyds TSB Group PLC
21 December 2005


                      Secretary's Department       Direct line: 020-7356 2014
                      25 Gresham Street            Network: 7-400 2014
                      London                       Switchboard: 020-7626 1500
                      EC2V 7HN                     Facsimile: 020-7356 1038
                      Network Fax: [phone]
                      TNT: 89                      email:
                                                   [e-mail]


The London Stock Exchange
RNS
10 Paternoster Square                                21st December, 2005
London EC4M 7LS





Dear Sirs

Lloyds TSB Group plc ordinary shares of 25p each

Notification of interests of directors

Hill Samuel ESOP Trustees Limited, as trustee of the Lloyds TSB Group Shareplan,
transferred 51,095 ordinary shares of 25p each in the capital of Lloyds TSB
Group plc from Lloyds TSB Registrars Corporate Nominee Limited a/c AESOP1
(allocated shares) to Lloyds TSB Registrars Corporate Nominee Limited a/c AESOP2
(unallocated shares), following the forfeiture of shares, under the rules of
Shareplan, by participants who have left the group.

The following directors, together with some 77,000 other employees, are
potential participants in Shareplan and are, therefore, to be treated as
interested in the 582,462 shares held by Lloyds TSB Registrars Corporate Nominee
Limited a/c AESOP2 (unallocated shares).

Mr. J.E. Daniels

Ms. T.A. Dial

Mr. M.E. Fairey

Mr. A.G. Kane

Mr. G.T. Tate

Mrs. H.A. Weir

This notification is made to comply with paragraph 3.1.4(R)(1)(b) of the
disclosure rules.

Yours faithfully




D.A. Saunders

Senior Assistant Secretary



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