Holding(s) in Company

Lawrence plc (the "Company")

                               Holding in Company


The  Company  has  been  informed  on  10 July  2006  that  Schroder  Investment
Management Limited ("SIML") has an interest in 6,119,546 ordinary shares  of  5p
each in the Company ("Ordinary Shares"), which are held in portfolios managed on
a discretionary basis for clients under investment management agreements.

Included in the above figure are:

i.   169,567  Ordinary  Shares registered or to be registered  in  the  name  of
     SIML's  wholly-owned subsidiary nominee company, Schroder Nominees  Limited
     (Schroder Nominees);

ii.  2,625,889 Ordinary Shares held in unit trust(s) operated and managed by  an
     affiliated  company, Schroder Unit Trusts Limited ("SUTL"), and  registered
     or to be registered in the name of Chase Nominees Limited; and

iii. 3,324,090  shares neither registered nor to be registered in  the  name  of
     Schroder Nominees.

As  a  consequence  SIML,  its  subsidiaries and affiliated  companies  have  an
interest  in  an  overall  aggregate of 6,919,546 Ordinary  Shares  representing
approximately 22.24 per cent. of the total number Ordinary Shares  currently  in
issue, being 31,120,227 Ordinary Shares.

This notification is made:

(a) in respect of SIML's interest as investment managers,

(b)  on  behalf  of  SIMNA Ltd and SUTL in relation to the  interests  they  are
treated as having under the Companies Act 1985 (the "Act"), and

(c) on behalf of Schroders plc which is treated as having an interest in all  of
the above shares under the Act by virtue of its ownership of SIMNA Ltd, SUTL and
SIML.