Trading Statement

LONDON FINANCE & INVESTMENT GROUP P.L.C.                    

                    (Incorporated in England - No. 201151)                     

                              ISIN: GB0002994001                               

Directors                                                    Registered office 
                                                                               
D.C. Marshall, Chairman                                      30 City Road      
                                                                               
J.H. Maxwell                                                 London, EC1Y 2AG  
                                                                               
Dr. F.W.A.A. Lucas                                                             
                                                                               
L.H. Marshall                                                                  
                                                                               
J.M. Robotham, OBE, FCA, MSI                                                   

                               TRADING STATEMENT                               

In terms of the Listing Requirements of the JSE Limited, companies are required
to publish a Trading Statement as soon as they become reasonably certain that
the financial results for the period to be reported on next will differ by more
than 20% from those of the previous corresponding period.

The board of directors of London Finance & Investment Group P.L.C. advises that
its earnings per share for the year ended 30th June 2012 are expected to
decrease by between 40 - 60% and headline earnings per share for the year ended
30 June 2012 are expected to increase by between 1,500%.

Shareholders are advised that the content of this statement and the financial
information it is based on has not been reviewed and reported on by the
company's auditors. London Finance & Investment Group P.L.C will release its
preliminary results for the year ended 30th June 2012 on or about 29th
September 2012

City Group P.L.C.

Secretaries

26th September 2012