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Directorate Change

31st Jan 2005 11:00

Lloyds TSB Group PLC31 January 2005 19/05 31 January 2005 LLOYDS TSB GROUP BOARD CHANGE David Pritchard will be retiring from the board and the group when his currentterm as Deputy Chairman comes to an end at the annual general meeting in May2005. He has served on the board for 7 years: as Group Executive Director,Wholesale & International Banking and Group Treasurer for 5 years, and,subsequently, as Deputy Chairman for 2 years. Maarten van den Bergh, Chairman of Lloyds TSB Group plc, said "We shall missDavid's wise counsel. His knowledge of financial markets, in particular, hasbeen of great value to the group and I have much enjoyed working with him overthe past years." - ends - BIOGRAPHICAL DETAILS DAVID PRITCHARD David Pritchard became Deputy Chairman in April 2003 having previously served asGroup Executive Director, Wholesale and International Banking. He Joined TSB Group as treasurer in 1995 and was seconded for a two year term tothe Securities and Investments Board in 1996, following TSB's merger with LloydsBank. At the Securities and Investments Board, he was responsible for theregulatory supervision and policy of the UK's markets and exchanges, and for allthe Securities and Investments Board's international activities. He returned tothe Group in May 1998 when he became Group Treasurer. While at the Securities and Investments Board, David chaired the team drawn fromthe regulatory bodies which merged to form the Financial Services Authority. .../more LLOYDS TSB GROUP BOARD CHANGE .../2 For further information:- Investor RelationsMichael Oliver +44 (0) 20 7356 2167Director of Investor RelationsE-mail: [email protected] Ian Gordon +44 (0) 20 7356 1264Senior Manager, Investor RelationsE-mail: [email protected] MediaTerrence Collis +44 (0) 20 7356 2078Director of Group Corporate CommunicationsE-mail: [email protected] Mary Walsh +44 (0) 20 7356 2121Head of Media 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 theseand other 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 Exchange

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