The Law Debenture Corporation p.l.c.
Fifth Floor
100 Wood Street
London
EC2V 7EX
ANNUAL FINANCIAL REPORT - CORRECTION
An error has been identified in the Annual Financial Report
published this morning in the Financial Summary and Performance
section, under "Financial Summary".
We incorrectly state that:
"NAV per share after proposed final dividend with debt at fair
value" is 374.55 pence (2012) and
323.75 pence (2011).
Those numbers are actually the "NAV per share after proposed
final dividend".
The correct table is as follows:
Financial summary and performance
Financial summary
31 December 31 December
2012 2011
pence pence
Share price 425.00 333.50
NAV per share after proposed final 374.55 323.75 dividend
NAV per share after proposed final 367.86 323.75 dividend with
debt at fair value*
Revenue return per share
- Investment trust 8.47 8.27
- Independent fiduciary services 6.67 7.25
Group revenue return per share 15.14 15.52
Capital return/(loss) per share 50.24 (19.07)
Dividends per share 14.25 13.50
The estimated fair value of the debt at 31 December 2012 has been based upon the
redemption yield of the reference gilt plus a margin derived from
the spread of BBB UK corporate bond yields over UK gilt yields.
1 March 2013
For further information, contact Ian
Bowden on 020 7696 5285.