Net Asset Value

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

Tel: [phone]


24 December 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 21 December 2012 was 374.88 pence per share (ex income) and 383.03 pence per
share (cum income). The mid-market price at the close of business that day was
425.20 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.

Sharon Martin
Deputy Company Secretary