Holding(s) in Company

For filings with the FSA include the annex                                              
                                                                                        
For filings with issuer exclude the annex                                               
                                                                                        
                                                                                        
                                                                                        
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                         London Finance &
of existing shares to which voting rights are                            Investment Group Plc
attached:ii                                                                     5p (LFI)
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                            X
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result         
in the acquisition of shares already issued to which voting rights are attached         
                                                                                        
An acquisition or disposal of instruments with similar economic effect to               
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                        
                                                                                        
Other (please specify):                                                                 
                                                                                        
3. Full name of person(s) subject to the                   Philip J Milton & Company Plc
notification obligation:iii                                                             
                                                                                        
4. Full name of shareholder(s)                                                          
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                      10 September 2013
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                                      16 September 2013
                                                                                        
7. Threshold(s) that is/are crossed or                                                7%
reached: vi, vii                                                                        
                                                                                        


 

8. Notified details:                                                                             
                                                                                                 
A: Voting rights attached to shares viii, ix                                                     
                                                                                                 
Class/type   Situation previous         Resulting situation after the triggering transaction     
of           to the triggering                                                                   
shares       transaction                                                                         
                                                                                                 
             Number         Number      Number     Number of voting           % of  voting rights
if possible  of             of          of shares  rights                     x                  
using        Shares         Voting                                                               
the ISIN                    Rights      Direct     Direct xi       Indirect   Direct  Indirect   
CODE                                                               xii                           
                                                                                                 
GB0002994001 2177187        2177187     2187187    2187187                    7.01%              
                                                                                                 
                                                                                                 
                                                                                                 
B: Qualifying Financial Instruments                                                              
                                                                                                 
Resulting situation after the triggering transaction                                             
                                                                                                 
Type of        Expiration     Exercise/             Number of voting              % of voting    
financial      date xiii      Conversion Period xiv rights that may be            rights         
instrument                                          acquired if the                              
                                                    instrument is                                
                                                    exercised/ converted.                        
                                                                                                 
                                                                                                 
                                                                                                 
                                                                                                 
                                                                                                 
C: Financial Instruments with similar economic effect to Qualifying Financial                    
Instruments xv, xvi                                                                              
                                                                                                 
Resulting situation after the triggering transaction                                             
                                                                                                 
Type of       Exercise      Expiration Exercise/   Number of voting rights      % of voting      
financial     price         date xvii  Conversion  instrument refers to         rights xix, xx   
instrument                             period                                                    
                                       xviii                                                     
                                                                                                 
                                                                                Nominal Delta     
                                                                                                 
                                                                                                 
Total (A+B+C)                                                                                    
                                                                                                 
Number of voting rights                        Percentage of voting rights                       
                                                                                                 
2187187                                        7.01%                                             
                                                                                                 


9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                                           
                                                                                        
11. Number of voting rights proxy holder will cease                                     
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                                       
voting rights:                                                                          
                                                                                        
13. Additional information:                                                             
                                                                                        
14. Contact name:                                                                       
                                                                                        
15. Contact telephone number:                                                           
                                                                                        


 

Note: Annex should only be submitted to the FSA not the issuer                          
                                                                                        
Annex: Notification of major interests in sharesxxii                                    
                                                                                        
                                                                                        
                                                                                        
A: Identity of the persons or legal entity subject to the notification                  
obligation                                                                              
                                                                                        
Full name                                                                               
(including legal form of legal entities)                   Philip J Milton & Company Plc
                                                                                        
                                                                                        
Contact address                                                                         
                                                          Sterling House, 17 Joy Street,
(registered office for legal entities)                              Barnstaple, EX31 1HE
                                                                                        
Phone number & email                                                        01271 344300
                                                                       [e-mail]
                                                                                        
Other useful information                                                                
                                                                                        
(at least legal representative for legal persons)                                       
                                                                                        
                                                                                        
B: Identity of the notifier, if applicable                                              
                                                                                        
Full name                                                                 Aidan McCarthy
                                                                                        
Contact address                                                                 As Above
                                                                                        
Phone number & email                                                        01271 344300
                                                                      [e-mail]
                                                                                        
Other useful information                                                                
                                                                                        
(e.g. functional relationship with the person or legal                                  
entity subject to the notification obligation)                                          
                                                                                        
                                                                                        
                                                                                        
C: Additional information                                                               
                                                                                        
Discretionary managed investments for clients are held in the nominee names of          
our administrators, Quai and Transact. These are Transact Nominees Ltd and for          
Quai, it is Pershing Nominees Limited.                                                  
                                                                                        
For notes on how to complete form TR-1 please see the FSA website.