LAW DEBENTURE CORP PLC - Net Asset Value

The Law Debenture Corporation p.l.c.
Fifth Floor
100 Wood Street
London EC2V 7EX
Tel: 020 7696 5285

18 March 2013

Net Asset Value - The Law Debenture Corporation p.l.c.

The Law Debenture Corporation p.l.c. announces that its Net Asset Value ("NAV") at 15 March 2013 was 427.69 pence per share (ex income) and 439.87 pence per share (cum income). This includes the proposed 2012 final dividend of 9.75 pence. With the Corporation's long term debt stated at fair value, the NAV is reduced by 6.16 pence per share. The mid-market price at the close of business on 15 March was 479.30 pence per share.

Important Note:

The NAV is calculated and published in accordance with International Financial Reporting Standards. All NAV announcements prior to 5 August 2005 were calculated under UK Generally Accepted Accounting Principles.