Statement re completion of sale of property

Date:              9th February 2012                                           
                                                                               
On behalf of:      London Finance & Investment Group P.L.C ("Lonfin")          

 

                   London Finance & Investment Group P.L.C.                    

                        Disposal of Investment Property                        

Reference is made to previous announcements, the circular dated 28th November
2011 and the General Meeting held on 21st December 2011 relating to the
disposal of the investment property in Rutland Gate, London, SW7.

The Directors are pleased to announce that the Company has recently been
advised that formal completion of the sale of the property has now taken place.

Enquiries to:

London Finance & Investment GroupP.L.C.                                   
                                                                          
Lloyd Marshall                            020 7448 8950                   

Notes to Editors:

●  Lonfin is an investment company whose assets primarily consist of three     
   Strategic Investments and a General Portfolio. Strategic Investments are    
   significant investments in smaller UK quoted companies and these are        
   balanced by a General Portfolio, which consists mainly of investments in    
   major U.K. and European equities.                                           
                                                                               
●  Its strategic investments comprise: Western Selection P.L.C., MWB Group     
   Holdings Plc and Finsbury Food Group plc. Western Selection P.L.C. has      
   strategic investments in Creston plc, Swallowfield plc, Northbridge         
   Industrial Services plc and Hartim Limited. The General Portfolio has       
   material interests in Oil & Gas, Industrials, Personal Care & Household,    
   Food & Beverages and Tobacco.                                               


  ND