11th May 2006 11:13
Lloyds TSB Group PLC11 May 2006 51/06 11 May 2006 Lloyds TSB Group Annual General Meeting Statement Lloyds TSB Group is holding its annual general meeting in Glasgow today (11 May2006). Mr Maarten van den Bergh will stand down at the end of this AGM, afterfive years as Chairman. As previously announced, he will be succeeded by SirVictor Blank, who joined the Board on 1 March. The following is an extract from the statement made by Eric Daniels, Group ChiefExecutive: "In the first few months of 2006 the Group has maintained good progress in thedelivery of its growth strategies. As a result, we are confident that we willdeliver a satisfactory performance for the half-year. As this is the last AGM under the Chairmanship of Maarten van den Bergh, I amtaking this opportunity to record my appreciation of his major contribution tothe Group over the past five years. He has been a wonderful ambassador for theGroup and we wish him every success in this next stage of his career. We are also delighted to welcome Sir Victor Blank to the Board, who will succeedMaarten as our new Chairman following this meeting. Sir Victor bringsexceptional skills and knowledge, and his blend of retailing and financialservices experience will be invaluable to the Group." For further information:- Investor RelationsMichael Oliver +44 (0) 20 7356 2167Director of Investor RelationsE-mail: [email protected] MediaMary Walsh +44 (0) 20 7356 2121Director of Corporate RelationsE-mail: [email protected] FORWARD LOOKING STATEMENTS This announcement contains forward looking statements with respect to thebusiness, strategy and plans of the Lloyds TSB Group and its current goals andexpectations relating to its future financial condition and performance.Statements that are not historical facts, including statements about Lloyds TSBGroup's or management's beliefs and expectations, are forward lookingstatements. By their nature, forward looking statements involve risk anduncertainty because they relate to events and depend on circumstances that willoccur in the future. Lloyds TSB Group's actual future results may differmaterially from the results expressed or implied in these forward lookingstatements as a result of a variety of factors, including UK domestic and globaleconomic and business conditions, risks concerning borrower credit quality,market related risks such as interest rate risk and exchange rate risk in itsbanking businesses and equity risk in its insurance businesses, inherent risksregarding changing demographic developments, catastrophic weather and similarcontingencies outside Lloyds TSB Group's control, any adverse experience ininherent operational risks, any unexpected developments in regulation orregulatory actions, changes in customer preferences, competition, industryconsolidation, acquisitions and other factors. For more information on these andother factors, please refer to Lloyds TSB Group's Annual Report on Form 20-Ffiled with the US Securities and Exchange Commission and to any subsequentreports furnished by Lloyds TSB Group to the US Securities and ExchangeCommission or to the London Stock Exchange. The forward looking statementscontained in this announcement are made as of the date hereof, and Lloyds TSBGroup 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 ExchangeRelated Shares:
Lloyds