Directorate Change

16 March 2017

LLOYDS BANKING GROUP: CHANGES TO MEMBERSHIP OF THE AUDIT COMMITTEE AND RESPONSIBLE BUSINESS COMMITTEE

Further to the announcement made on 22 February 2017, Lloyds Banking Group plc (the "Group") announces that Simon Henry, an independent Non-Executive Director of the Group, will succeed Nick Luff as Chairman of the Audit Committee with effect from 1 May 2017. As previously announced, Mr Luff will remain on the Board until the Annual General Meeting on 11 May 2017.

The Group is also pleased to announce that Stuart Sinclair, an independent Non-Executive Director of the Group, has been appointed as a member of the Responsible Business Committee with effect from 1 April 2017. Commenting on the change, Sara Weller, Chairman of the Responsible Business Committee, said: "We established the board-level Responsible Business Committee in 2015 as a further demonstration of our commitment to put customers and communities at the heart of everything we do. I am delighted that Stuart has agreed to take on this important role."

For further information:

Investor Relations

Douglas Radcliffe +44 (0) 20 7356 1571

Group Investor Relations Director

Email: douglas.radcliffe@finance.lloydsbanking.com

Corporate Affairs

Matt Smith +44 (0) 20 7356 3522

Head of Corporate Media

Email: matt.smith@lloydsbanking.com