Trading Statement

London Finance & Investment Group P.L.C.                    

                     Incorporated in England - No. 201151                      

                                  ("Lonfin")                                   

Registered Office

30 City Road,

London, EC1Y 2AG

                               TRADING STATEMENT                               

In terms of the JSE Limited Listings Requirements ("the Listings
Requirements"), companies are required to publish a trading statement as soon
as they are reasonably certain that the financial results for the current
reporting period will be more than 20% different from that of the previous
corresponding period.

In terms of the Listings Requirements, Lonfin accordingly advises that it
expects that earnings per share and headline earnings per share for the six
months ended 31st December 2008 are likely to decrease to a loss of 0.7 pence
per share compared to earnings of 0.7 pence per share last year.

Shareholders are advised that the above information has not been reviewed or
reported on by Lonfin's external auditors.

The preliminary announcement of the company's results for the six months ended
31st December 2008 is expected to be announced on 18th February 2009

London

17th February 2009

City Group P.L.C.

Secretaries