Director Shareholding

Lloyds TSB Group PLC
24 February 2003

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company
LLOYDS TSB GROUP plc

2. Name of director
PHILIP ROY HAMPTON

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest
HOLDING OF DIRECTOR

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)



        Perry Nominees Limited:

             - Mr. P.R. Hampton                     615

             - Mrs. M.A. Hampton                    4,400

        Lloyds Bank (PEP Nominees) Limited:

             - Mr. P.R. Hampton (General Managed PEP)           547

             - Mrs. M.A. Hampton: (General Managed PEP)           459




5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)
N/A

6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary
N/A

7. Number of shares/amount of stock acquired
N/A

8. Percentage of issued class
N/A

9. Number of shares/amount of stock disposed
N/A


10. Percentage of issued class
N/A

11. Class of security
N/A

12. Price per share
N/A

13. Date of transaction
N/A

14. Date company informed
N/A

15. Total holding following this notification



        Perry Nominees Limited:

             - Mr. P.R. Hampton       615

             - Mrs. M.A. Hampton    4,400

        Lloyds Bank (PEP Nominees) Limited:

             - Mr. P.R. Hampton (General Managed PEP)    547

             - Mrs. M.A. Hampton:(General Managed PEP)   459




16. Total percentage holding of issued class following this notification
MINIMAL



If a director has been granted options by the company please complete the
following boxes.

17. Date of grant
21/02/2003

18. Period during which or date on which exercisable
21/02/2006 to 20/02/2013



19. Total amount paid (if any) for grant of the option
NIL





20. Description of shares or debentures involved: class, number
ORDINARY SHARES OF 25p - 642,739

21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise
394.25p

22. Total number of shares or debentures over which options held following this
notification
969,090

23. Any additional information
THE ACTUAL NUMBER OF SHARES TO BE ACQUIRED WILL DEPEND ON THE COMPANY'S RANKING WITHIN A PEER GROUP. THE
OPTIONS MAY BECOME EXERCISABLE BETWEEN 21ST FEBRUARY, 2006 AND 20TH FEBRUARY 2013, OR EARLIER IN THE
CIRCUMSTANCES DESCRIBED IN THE OPTION SCHEMES.



24. Name of contact and telephone number for queries
A.J. MICHIE, SECRETARY               020 7356 1043

25. Name and signature of authorised company official responsible for making
this notification
A.J. MICHIE, SECRETARY

Date of Notification
24TH FEBRUARY, 2003

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for loss of business or loss of profits) arising in contract, tort or otherwise
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it, or from any action or decision taken as a result of using this document or
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