Net Asset Value

The Law Debenture Corporation p.l.c.

Fifth Floor
100 Wood Street
London EC2V 7EX
Tel: [phone]

5 November 2012

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 2 November 2012 was 367.04 pence per share (ex income) and 374.28 pence per
share (cum income). The mid-market price at the close of business that day was
405.00 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.

Ian Bowden
Company Secretary