Compliance with Model Code

The Law Debenture Corporation p.l.c.
Fifth Floor
100 Wood Street
London
EC2V 7EX

1 July 2008

The Law Debenture Corporation p.l.c. - Transactions and compliance with the
Model Code

The Law Debenture Corporation p.l.c. ("the Corporation") announces in
accordance with Listing Rule 15.5.1 (4) that:

1. Although the Corporation has entered a close period, running from 1 July
2008 to 23 July 2008, this being the anticipated date for the announcement of
interim results for the six month period to 30 June 2008;

2. The Corporation's Board is satisfied that all inside information which the
directors and the Corporation may have had has previously been issued to a RIS.

Accordingly, the Corporation, its subsidiaries, its directors and persons
discharging managerial responsibilities will be permitted to deal in the
Corporation's shares during the close period, so long as no inside information
comes to light subsequent to this announcement.

Law Debenture Corporate Services Limited

Company Secretary

Contact: Ian Bowden 020 7696 5285

The Law Debenture Corporation p.l.c. is registered in England at the above
address, company registration number 30397