Total Voting Rights

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
 voting rights are attached (ii):
 Lawrence PLC

2. Reason for the notification (please state Yes/No): (    )

 An acquisition or disposal of voting rights: (Yes)

 An acquisition or disposal of financial instruments which may result in the
 acquisition of shares already issued to which voting rights are attached: (No)

 An event changing the breakdown of voting rights: (No)

 Other (please specify): (No)

3. Full name of person(s) subject to the notification obligation (iii):

 Schroders plc

4. Full name of shareholder(s) (if different from 3.) (iv):

 N/A

5. Date of the transaction (and date on which the threshold is crossed or
 reached if different) (v):

 12 February 2007

6. Date on which issuer notified:

 13 February 2007

7. Threshold(s) that is/are crossed or reached:

 From 22% - 23%

8. Notified details:

A: Voting rights attached to shares

Class/type of        Situation previous to the Triggering
shares if possible             transaction (vi)
using the ISIN
CODE
                   Number of shares    Number of voting
                                       Rights (viii)


Ordinary           6,919,546           6,919,546

GB0032036807


Resulting situation after the triggering transaction (vii)

Class/type of     Number of       Number of voting       % of voting
shares if         shares          rights (ix)            rights
possible using
the ISIN CODE
                  Direct          Direct    Indirect (xi) Direct   Indirect
                                  (x)


Ordinary          N/A             N/A       7,183,692     N/A      23.039%

GB0032036807

B: Financial Instruments
Resulting situation after the triggering transaction (xii)

Type of   Expiration     Exercise/Convers  Number of voting  % of voting
financial Date (xiii)    ion Period/ Date  rights that may   rights
instrumen                (xiv)             be acquired if
t                                          the instrument is
                                           exercised/
                                           converted.




Total (A+B)
Number of voting  % of voting
rights            rights


7,183,692         23.039%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):

 Schroder Investment Management Limited    31,180,227   20.15%

 Schroder Investment Management North America Limited   900,000   2.89%

Proxy Voting:

10. Name of the proxy holder:
 N/A

11. Number of voting rights proxy holder will cease to hold:
 N/A

12. Date on which proxy holder will cease to hold voting rights:
 N/A

13. Additional information:

 The Shares referred to in section 9 are held in portfolios managed by those
 firms on a discretionary bases for clients under investment management
 agreements

14. Contact name:
 ……………..

15. Contact telephone number:
 ……………..

Annex to Notification Of Major Interests In Shares (xvi)

A: Identity of the person or legal entity subject to the notification obligation

Full name (including legal form for legal entities):
 Schroders Plc

Contact address (registered office for legal entities):
 31 Gresham Street, London,   EC2V 7QA

Phone number:
 020 7658 2521

Other useful information (at least legal representative for legal persons):
 Andrea Rowe