Result of AGM

THE LAW DEBENTURE CORPORATION p.l.c.                      

                            ANNUAL GENERAL MEETING                             

                             TUESDAY 7 APRIL 2009                              

                            Results of Proxy Voting                            

The Law Debenture Corporation p.l.c. confirms that the following proxy votes
were received ahead of its annual general meeting held this morning.

Total valid proxies received - 31,801,511 (26.94% of the total voting rights in
issue).

The percentage of those votes expressed to be in favour of each resolution (or
where discretion was given to the Chairman of the meeting or another person, in
which case it is assumed that those votes would also have been declared in
favour) are set out below:

Resolution No.

1. To receive the directors' report and accounts - 99.98%

2 To approve the directors' remuneration report - 99.51%

3 To declare a final dividend - 99.99%

4 To re-elect DCP McDougall as a director - 98.78%

5 To re-elect AC Cates as a director - 99.87%

6 To re-elect Mrs CJ Banszky as a director - 99.83%

7 To re-elect Professor JA Kay as a director - 99.95%

8 To elect C Smith as a director - 99.53%

9 To appoint BDO Stoy Hayward as auditors - 99.32%

10 To renew the company's general authority to make limited market purchases of
its own shares - 98.32%

11 To renew the directors' general authority to allot shares - 99.57%

12 To approve the disapplication of statutory pre-emption rights - 99.62%

All resolutions were approved by the required majority. Resolutions 1 to 9 were
proposed and passed as ordinary resolutions. Resolutions 10 to 12 were proposed
and passed as special resolutions requiring a 75% majority.

Copies of resolutions 10 to 12, being special resolutions, have been issued to
the UKLA's document viewing facility where they may be viewed free of charge.

A fuller analysis of the above proxy votes is available on the Corporation's
website at www.lawdeb.com under Law Debenture Investment Trust/
Financial-Statements.

Issued by the Company Secretary, The Law Debenture Corporation p.l.c., Fifth
Floor, 100 Wood Street, London EC2V 7EX (tel: [phone]).