Interim Management Statement

Date:              22 May 2013                                                 
                                                                               
On behalf of:      London Finance & Investment Group P.L.C                     

 

                   London Finance & Investment Group P.L.C.                    

                         Interim Management Statement                          

Since our half year end on 31st December 2012, our net assets per share,
including investments at market value, have increased by 20% from 35.6p to
42.8p at 30th April 2013.

We have continued to expand our General Portfolio of equities and invested £
336,100 (net) in the period and currently hold 29 blue chip stocks in the U.K.,
Europe and the USA. Including those new investments, the value of the General
Portfolio increased by 18% compared to rises in the Eurofirst 300 index of 6.2%
and in the FTSE100 of 8.5%. Our Strategic Investments also performed well in
the period with the value of Western Selection P.L.C. rising by 10% and
Finsbury Food Group Plc (to which we added a further 42,000 shares) rising by
37% following the recent sale of their Free From division.

The Board remains cautious in its outlook for the remainder of the year.


Enquiries to:

London Finance & Investment Group P.L.C.                                      
Edward Beale                                 020 7448 8950                     

Notes to Editors:

●  Lonfin is an investment company whose assets primarily consist of two       
   Strategic Investments and a General Portfolio. Strategic Investments are    
   significant investments in smaller UK quoted companies and these are        
   balanced by a General Portfolio, which consists mainly of investments in    
   major U.K. and European equities.                                           
                                                                               
●  Its strategic investments comprise: Western Selection P.L.C. and Finsbury   
   Food Group plc. Western Selection P.L.C. has strategic investments in       
   Creston plc, Swallowfield plc, Northbridge Industrial Services plc and      
   Hartim Limited.