Director/PDMR Shareholding

THE LAW DEBENTURE CORPORATION p.l.c.                      

                                  Fifth Floor                                  

                                100 Wood Street                                

                                    London                                     

                                   EC2V 7EX                                    

            Notification of transactions of a director in shares of            

           The Law Debenture Corporation p.l.c. ("the Corporation")            

16 September 2009

The following notification is given under UKLA Rule DR 3.1.4R (1) (a).

Mrs Caroline Banszky, the Managing Director of the Corporation has today
notified the Corporation of the following dealings in the 5 pence Ordinary
Shares of the Corporation:

1. Exercise of options

Mrs Banszky has today exercised her holdings of options granted in 2002 and
2003 under the Corporation's 2002 Executive Share Option Scheme ("EXSOS"), the
performance conditions having previously been met in both cases, as follows;

Year of grant      Total options exercised Exercise price

2002               17,025                  211.5 pence

2003               38,596                  174.4 pence

Following this exercise, the only remaining EXSOS options retained by Mrs
Banszky are those granted in 2004 (a total grant of options over 31,364 shares
at an option price of 228.2 pence, exercisable between 2 March 2007 and 1 March
2012, the performance conditions having previously been met).

2. Share sale

Mrs Banszky has today sold 7,521 shares at 278.50 pence.

Mrs Banszky's total holding of Ordinary Shares of the Corporation following the
above transactions increases from 96,251 shares to 144,351 shares (representing
0.12% of the issued share capital of the Corporation).

Issued on 16 September 2009 by Ian Bowden, Law Debenture Corporate Services
Limited, Secretary. Contact 020 7696 5285.