Transaction in Own Shares

GlaxoSmithKline PLC
05 March 2004


                              GlaxoSmithKline PLC


GlaxoSmithKline PLC announces that in accordance with the authority granted by
shareholders at the Annual General meeting on 19th May 2003 it purchased for
cancellation 890,000 of its Ordinary 25 pence shares on Friday 5th March 2004 at
a price of 1125.67 pence per share.


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