Purchase of Own Securities

London Securities PLC
10 May 2001



London Securities PLC
10 May 2001


London Securities PLC announces that on 9 May 2001 it re-purchased for
cancellation 10,000 ordinary shares at 590p per share, representing 0.7 per cent
of the issued share capital.

Following this re-purchase the issued share capital now amounts to 14,497,316
ordinary shares.



END