Director Shareholding

GlaxoSmithKline PLC
31 January 2002

                              Directors' Interests

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

30 January 2002               Abacus (GW) Trustees Limited, as trustee of The
                              Glaxo Wellcome Employee Trust ('the Trust'),
                              transferred 110,503 Ordinary Shares in the Company
                              to participants of the Glaxo Wellcome 1999 Share 
                              Option Plan, the Glaxo Wellcome UK Share Option 
                              Scheme and the Glaxo Wellcome International Share 
                              Option Scheme.

The Company was advised of this transaction on 31 January 2002.

The Trust is a discretionary trust of which all employees or former employees of
GlaxoSmithKline Services plc (formerly Glaxo Wellcome plc) and its subsidiaries
are potential beneficiaries. Two of the Company's directors, Sir Richard Sykes
and John Coombe 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
GlaxoSmithKline Services plc and its subsidiaries.

S M Bicknell

Company Secretary

31 January 2002




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