RNS Number:0231C
London Finance & Investment Grp.PLC
6 December 1999

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

LONDON FINANCE & INVESTMENT GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

MONTEAGLE S.A.

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

IN RESPECT OF 2 ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

NOT ADVISED

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

200,000

8)   (0.78%) of issued Class

9)   Class of security

SHARES OF 5p EACH

10)  Date of transaction



11)  Date company informed

6 December 1999

12)  Total holding following this notification

1,450,000               
              
13)  Total percentage holding of issued class following this notification

5.68%

14)  Any additional information

Mr D C Marshall, A Director and shareholder of the Company, is also a director
and shareholder of Monteagle S.A.

15)  Name of contact and telephone number for queries

Mr J M Hodgson - 0171 628-5098

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification ...6 December 1999...


END

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