Correction to Half-yearly Report announcement

Date:            18th February 2009                                            
                                                                               
On behalf of:    London Finance & Investment Group P.L.C. ("Lonfin", "the      
                 Company" or "the Group")                                      
                                                                               
Embargoed until: 1500hrs                                                       

London Finance & Investment Group P.L.C.

Interim Results

London Finance & Investment Group P.L.C. (LSE: LFI, JSE: LNF), today announced
its unaudited interim results for the six months ended 31st December 2008. Due
to typographical errors there was a mistake on the balance sheet and an amended
version of the balance sheet is set out in this announcement.

Incorrect section of the Unaudited Consolidated Balance Sheet as released
earlier today:

Shareholders funds                             5,944      17,475     12,060 
                                                                            
Creditors falling due within one year          2,976       3,268      3,107 
                                                                            
Deferred taxation                                  -       1,468          - 
                                                                            
Minority equity interest                          85         100        101 
                                                                            
                                            ---------- ---------- ----------
                                                                            
                                               9,011      22,311     15,268 
                                                                            
                                                ======     ======     ======

Amended Unaudited Consolidated Balance Sheet

                                                31st December      30th June
                                                                            
                                                  2008       2007       2008
                                                                            
                                                  £000       £000       £000
                                                                            
Non-current assets                                                          
                                                                            
Tangible assets                                   397        410        403 
                                                                            
Principle investments:-                                                     
                                                                            
Marylebone Warwick Balfour Group Plc              595      4,860      2,455 
                                                                            
Finsbury Food Group plc                           940      6,880      3,860 
                                                                            
Western Selection P.L.C.                        2,076      2,961      2,469 
                                                                            
                                            ---------- ---------- ----------
                                                                            
                                                4,008     15,111      9,187 
                                                                            
Current assets                              ---------- ---------- ----------
                                                                            
Listed investments                              4,522      6,885      5,726 
                                                                            
Debtors                                           408        284        319 
                                                                            
Cash, bank balances and deposits                   73         31         36 
                                                                            
                                            ---------- ---------- ----------
                                                                            
                                                5,003      7,200      6,081 
                                                                            
                                            ---------- ---------- ----------
                                                                            
Total Assets                                    9,011     22,311     15,268 
                                                                            
                                                ======     ======     ======
                                                                            
Capital and Reserves                                                        
                                                                            
Called up share capital                        1,560       1,560      1,560 
                                                                            
Share premium account                          2,318       2,328      2,328 
                                                                            
Reserves                                      (3,197)      6,503      2,483 
                                                                            
Profit and loss account                        5,263       7,084      5,689 
                                                                            
                                            ---------- ---------- ----------
                                                                            
Shareholders funds                             5,944      17,475     12,060 
                                                                            
Creditors falling due within one year          2,973       3,268      3,107 
                                                                            
Deferred taxation                                  -       1,468          - 
                                                                            
Minority equity interest                          94         100        101 
                                                                            
                                            ---------- ---------- ----------
                                                                            
                                               9,011      22,311     15,268 
                                                                            
                                                ======     ======     ======