Director Shareholding

London Finance & Investment Group P.L.C.                    

                      Notification of Director's Interest                      

In compliance with section 324 of the Companies Act 1985, as amended, David
Courtnall Marshall and John Michael Robotham, respectively chairman and
non-executive director of London Finance & Investment Group P.L.C., have
notified the Company that following appointment as trustees and/or directors of
entities that hold shares in the Company, their non-beneficial interests in the
Company's share capital are now as set out below. Their beneficial interests
remain unchanged and are also set out below:

D.C. Marshall     Beneficial                2,301,000
                                                     
                  Non-beneficial            8,964,670
                                                     
J.M. Robotham     Beneficial                   10,000
                                                     
                  Non-beneficial            4,362,670

By Order of the Board

City Group P.L.C.

Secretaries

3rd September 2004