Directors' Notification of Dealing in Shares

Lloyds TSB Group PLC
24 August 2000

Lloyds TSB Group plc - 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 8,106 and 53,260 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 972,672 and 2,748,034 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

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