Directorate Change

Lloyds TSB Group PLC
24 May 2005










103/05                                                          24 May 2005






LLOYDS TSB GROUP APPOINTS EXECUTIVE DIRECTOR UK RETAIL BANKING



Lloyds TSB Group announces the appointment of Teresa ('Terri') Dial, as Group
Executive Director UK Retail Banking.



Terri Dial brings considerable experience to the Group, having spent 28 years at
Wells Fargo in the US, most recently as Group EVP (Executive Vice President) and
member of the management committee of Wells Fargo & Co. and President and CEO of
Wells Fargo Bank.  Wells Fargo Bank is one of the US's largest retail banks with
over 3,000 branches and over 16 million customers across 23 states.



Widely known as one of the US's most prominent retail bankers, Terri was seen as
the driving force in the growth and success of Wells Fargo's retail and small
business banking.



Dick Kovacevich, Chairman and CEO, Wells Fargo & Co, said: "Terri is an
exceptional and experienced retail banker and business executive with a natural
instinct for what customers want.  In her time at Wells Fargo, she and her team
introduced new and innovative products, technology, and distribution strategies
that have now been adopted throughout the United States banking industry.  She
is a real coup for Lloyds TSB and is sure to make a terrific contribution to
their business."



Terri retired from Wells Fargo in 2001 and since then has held a portfolio of
directorships with small cap technology oriented companies including Chairman of
the LookSmart Corporation and Lead Director of Onyx Software.



Eric Daniels, Group Chief Executive, said: "Terri brings outstanding retail
banking experience and a terrific track record and I am delighted to welcome her
to the team.  With her vision and leadership, she has the ability to develop our
retail business to its full potential."



Terri Dial said: "This is a tremendous opportunity for me to lead the retail
bank within Lloyds TSB and I am excited by the scope of the role.  I was
attracted by the brand, franchise and heritage of the Group and am looking
forward to growing the business for the future."



Terri will join Lloyds TSB on 1 June 2005.



                                    - ends -




Notes:



1.         Biographical details about Teresa Dial are attached.



2.         To comply with paragraph 16.4 of the UK Listing Authority listing
rules, the company confirms that:



(i)         Teresa Dial has held directorships during the past five years in
Onyx Software, NDCHealth, Wink Communications, LookSmart and Pinnacle Systems,
all of which were publicly quoted companies; and

(ii)        there are no matters required by paragraphs 6.F.2 (b) to (g) of the
listing rules to be disclosed regarding her.





Biographical details:


2004 to date          Chairman, LookSmart Corporation

                      Non executive Director, Pinnacle Systems Inc
2001 to date          Non executive Director, NDCHealth

                      Lead Director, Onyx Software Corp (Lead Director since 2004 and non executive
                      director since 2001)
1973 - 2001           Wells Fargo Bank
          1998 - 2001 President & CEO, Wells Fargo Bank

                      Group EVP and member of the management committee, Wells Fargo & Co
          1997 - 1998 Vice Chairman, Consumer and Small Business Banking Group
          1996 - 1997 Vice Chairman, Business Banking & Consumer Credit
          1991 - 1996 EVP and Group Head, Business Banking
          1973 - 1991 Various senior management and operational roles
Awards:               Received awards from the National Association of Women Business Owners, the
                      Association of Women CPAs, NOW Legal Defense and Education Fund, San Francisco
                      Business Times and the California Small Business Roundtable
Education:            Northwestern University - degree in Political Science
Age:                  55





For further information:


Investor Relations                                       [phone]

Michael Oliver

Director of Investor Relations

E-mail: [e-mail]


Media                                                    [phone]

Mary Walsh

Director of Corporate Relations

E-mail: [e-mail]







                           FORWARD LOOKING STATEMENTS



This announcement contains forward looking statements with respect to the
business, strategy and plans of the Lloyds TSB Group and its current goals and
expectations relating to its future financial condition and performance.
Statements that are not historical facts, including statements about Lloyds TSB
Group's or management's beliefs and expectations, are forward looking
statements.  By their nature, forward looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that will
occur in the future.  Lloyds TSB Group's actual future results may differ
materially from the results expressed or implied in these forward looking
statements as a result of a variety of factors, including UK domestic and global
economic and business conditions, risks concerning borrower credit quality,
market related risks such as interest rate risk and exchange rate risk in its
banking businesses and equity risk in its insurance businesses, inherent risks
regarding changing demographic developments, catastrophic weather and similar
contingencies outside Lloyds TSB Group's control, any adverse experience in
inherent operational risks, any unexpected developments in regulation or
regulatory actions, changes in customer preferences, competition, industry
consolidation, acquisitions and other factors.  For more information on these
and other factors, please refer to Lloyds TSB Group's Annual Report on Form 20-F
filed with the US Securities and Exchange Commission and to any subsequent
reports furnished by Lloyds TSB Group to the US Securities and Exchange
Commission or to the London Stock Exchange.  The forward looking statements
contained in this announcement are made as of the date hereof, and Lloyds TSB
Group undertakes no obligation to update any of its forward looking statements.






                      This information is provided by RNS
            The company news service from the London Stock Exchange              AUPAUBC