Holding(s) in Company

Lawrence plc (the "Company")

                               Holding in Company

The Company has been informed on 02 December that Schroder Investment Management
Limited ("SIML") has an interest in 4,590,772 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. 1,799,414 Ordinary Shares held in (a) unit trust(s) operated and managed  by
an  affiliated  company  of SIML, Schroder Unit Trusts Limited  ("  SUTL"),  and
registered in the name of Chase Nominees Limited;
iii.   811,644  Ordinary  Shares  in  the  name  of  the  British   Coal   Staff
Superannuation a/c:P;
iv. 230,000 Ordinary Shares in the name of the Chase Nominees Limited;
v.  1,030,147 Ordinary Shares in the name of Mineworkers' Pension Scheme  a/c:R;
and
vi. 200,000 Ordinary Shares in the name of Nortrust Nominees Limited.
vii. 350,000 Ordinary Shares in the name of Chase Manhattan Bank

A  subsidiary, Schroder Investment Management North America Ltd (SIMNA  Ltd)  is
managing  (a) portfolio(s) on a similar basis holding a further 750,000 Ordinary
Shares.  These  shares are registered or to be registered in the name  of  Chase
Nominees Limited.

As  a  consequence  SIML,  its  subsidiaries and affiliated  companies  have  an
interest  in  an  overall  aggregate of 5,340,772 Ordinary  Shares  representing
approximately 17.184% of the total company's issued ordinary share capital.

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.

02 December 2005