SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.20549

                                   FORM 6-K

                        Report of Foreign Private Issuer
                       Pursuant to Rule 13a-16 or 15d-16
                     of the Securities Exchange Act of 1934



                               12 January 2004


                              LLOYDS TSB GROUP plc
                (Translation of registrant's name into English)


                              5th Floor
                              25 Gresham Street
                              London
                              EC2V 7HN
                              United Kingdom


                    (Address of principal executive offices)



Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.

                          Form 20-F..X..Form 40-F.....


Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                               Yes .....No ..X..

If "Yes" is marked, indicate below the file number
assigned to the registrant in connection with Rule
12g3-2(b): 82- ________



                                  Index to Exhibits

Item

No. 1         Regulatory News Service Announcement, dated 12 January 2004
              re:  Board Change


11/05                                                           12 January 2005



BOARD CHANGE AT LLOYDS TSB GROUP

Lloyds TSB Group announces that Peter Ayliffe,  Group Executive  Director UK
Retail Banking,  will be leaving the company at the end of March 2005. He
joined the Group in 1985, has had a successful  career in the retail  sector,
and has been  instrumental  in completing the first phase of the organic growth
strategy for our retail banking business.

The Group has  commenced  a search for a  replacement  to lead the next phase
of the  development  of the retail  bank,  and pending an appointment,  the
role of Group Executive  Director UK Retail Banking will be undertaken by
Mike Fairey,  Deputy Group Chief Executive, in addition to his existing duties.

Peter  Ayliffe  will step down from the board at the end of January  2005 but
will remain with the company  until the end of March 2005 to help with the
transitional arrangements.

Group Chief  Executive,  Eric Daniels,  said: "I am very grateful to Peter for
the contribution he has made in his time with Lloyds TSB and wish him well in
his future career.  As I indicated in our recent trading  statement:  the Group
expects to report earnings broadly in line with market expectations for 2004,
and to make further earnings progress in 2005 and beyond."



Note to Editors:  Peter Ayliffe joined Lloyds TSB in April 1985 and was
appointed  Group  Executive  Director UK Retail Banking in June 2003.
He will be compensated in line with his contractual entitlement.


                                  -ends-





For further information:-

                                                       

Investor Relations
Michael Oliver                                            +44 (0) 20 7356 2167
Director of Investor Relations
E-mail: michael.oliver@ltsb-finance.co.uk

Ian Gordon                                                +44 (0) 20 7356 1264
Senior Manager, Investor Relations
E-mail: ian.gordon@ltsb-finance.co.uk



Media
Terrence Collis                                           +44 (0) 20 7626 1500
Director of Group Corporate Communications
E-mail: terrence.collis@lloydstsb.co.uk

Mary Walsh                                                +44 (0) 20 7626 1500
Head of Media Relations
E-mail: mary.walsh@lloydstsb.co.uk





                            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.


                                   Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                              LLOYDS TSB GROUP plc
                                  (Registrant)



                                    By:       M D Oliver

                                    Name:     M D Oliver

                                    Title:    Director of Investor Relations



Date:     12 January 2004