Result of Meeting

Date:              22nd December 2011                                          
                                                                               
On behalf of:      London Finance & Investment Group P.L.C ("Lonfin")          

 

                   London Finance & Investment Group P.L.C.                    

                            General Meeting results                            

London Finance & Investment Group P.L.C. (LSE: LFI, JSE: LNF), the investment
company whose assets primarily consist of three Strategic Investments and a
General Portfolio, held a General Meeting on Wednesday 21st December 2011 and
is pleased to report that the resolution to approve the sale of the investment
property was passed. The Directors expect the sale to be completed in the next
two weeks.

The proxy votes that would have been cast for the resolution, had a poll been
held, were as follows:

  Resolution                For        Against        Abstain
                                                             
       1             21,839,292            845            Nil

Enquiries to:

London Finance & Investment GroupP.L.C.                                        
                                                                               
Lloyd Marshall                               020 7448 8950                     

Notes to Editors:

●  Lonfin is an investment company whose assets primarily consist of three     
   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., MWB Group     
   Holdings Plc 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. The General Portfolio has       
   material interests in Oil & Gas, Industrials, Personal Care & Household,    
   Food & Beverages and Tobacco.