Director Shareholding

Lloyds TSB Group PLC
30 November 2000


Notification of interests of directors

Lloyds TSB Share Schemes Trustees Limited, as trustee of the TSB Group employee
trust, and Lloyds TSB Quest Limited, as trustee of the Lloyds TSB qualifying
share ownership trust, today transferred 6,520 and 138,975 shares, respectively,
to individuals who had exercised share options granted under the group's
employee share schemes.

The following directors, together with some 70,000 other employees, are
potential beneficiaries of the trusts and are therefore to be treated as
interested in the remaining 85,225 and 44,978 shares, respectively, held by
these trusts.

               Mr M K Atkinson
               Mr P B Ellwood
               Mr M E Fairey
               Mr D Holt
               Mr A G Kane
               Mr A E Moore
               Sir Brian Pitman
               Mr D P Pritchard
               Mr M D Ross
               Mr M A van den Bergh

This notification is made to comply with paragraph 16.13 of the listing rules.