Directors' Dealings

Lloyds TSB Group PLC
10 March 2000

Lloyds TSB Group plc - Notification of interest of directors


Lloyds TSB Quest Limited, as trustee of the Lloyds TSB qualifying share
ownership trust, yesterday transferred 28,348 shares 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 trust and are therefore to be treated as
interested in the remaining 924,091 shares held by this trust.

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

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