Director Shareholding

GlaxoSmithKline PLC
30 January 2001


                             Directors' Interests

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

29 January 2001      Abacus (GW) Trustees Limited, as trustee of The Glaxo 
                     Wellcome Employee Trust ('the Trust'), transferred 2,814 
                     Ordinary Shares in the Company to participants of the 1999 
                     Glaxo Wellcome Share Option Plan and the Glaxo Wellcome 
                     International Share Option Scheme.

                     
The Company was advised of this transaction on 30 January 2001.

The Trust is a discretionary trust of which all employees or former employees
of Glaxo Wellcome plc and its subsidiaries are potential beneficiaries. Two of
the Company's directors, Sir Richard Sykes and John Coombe, as directors of
Glaxo Wellcome plc, are therefore interested in the shares held in the Trust
from time to time in the same way as other employees or former employees of
Glaxo Wellcome plc and its subsidiaries.


S M Bicknell

Company Secretary


30 January 2001