Result of AGM

THE LAW DEBENTURE CORPORATION p.l.c.                      

                            ANNUAL GENERAL MEETING                             

                             TUESDAY 24 APRIL 2012                             

                            Results of Proxy Voting                            

The Law Debenture Corporation p.l.c. confirms that the following proxy votes
were received ahead of its annual general meeting held this morning.

Total valid proxies received - 21,965,777 (18.6% of the total voting rights in
issue).

The percentage of those votes expressed to be in favour of each resolution (or
where discretion was given to the Chairman of the meeting or another person, in
which case it is assumed that those votes would also have been declared in
favour) are set out below:

Resolution No.

1. To receive the directors' report and accounts - 99.97%

2 To approve the directors' remuneration report - 99.39%

3 To declare a final dividend - 100%

4 To re-elect DCP McDougall as a director - 95.23%

5 To re-elect Mrs CJ Banszky as a director - 99.89%

6 To re-elect Professor JA Kay as a director - 99.99%

7 To re-elect C Smith as a director - 99.97%

8 To elect the Hon. Robert Laing as a director - 99.89%

9 To re-appoint BDO LLP as auditors - 98.85%

10 To renew the company's general authority to make limited market purchases of
its own shares - 99.33%

11 To renew the directors' general authority to allot shares - 99.62%

12 To approve the disapplication of statutory pre-emption rights - 99.19%

13 To convene a general meeting at short notice - 98.03%

14 To approve the Law Debenture Sharesave Option Plan 2012 - 99.85%

All resolutions were approved by the required majority. Resolutions 1 to 9 and
14 were proposed and passed as ordinary resolutions. Resolutions 10 to 13 were
proposed and passed as special resolutions requiring a 75% majority.

Copies of resolutions 10 to 13, being special resolutions, have been issued to
the National Storage Mechanism where in due course they may be viewed free of
charge.

A fuller analysis of the above proxy votes is available on the Corporation's
website at www.lawdeb.com

Issued by the Company Secretary, The Law Debenture Corporation p.l.c., Fifth
Floor, 100 Wood Street, London EC2V 7EX (tel: [phone]).

24 April 2012