Holding(s) in Company

For filings with the FSA include the annex For filings with issuer exclude the annex TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuer London Finance &of existing shares to which voting rights are Investment Group Plcattached:ii 5p (LFI) 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights X An acquisition or disposal of qualifying financial instruments which may resultin the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect toqualifying financial instruments An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to the Philip J Milton & Company Plcnotification obligation:iii 4. Full name of shareholder(s) (if different from 3.):iv 5. Date of the transaction and date onwhich the threshold is crossed or 10 September 2013reached: v 6. Date on which issuer notified: 16 September 2013 7. Threshold(s) that is/are crossed or 7%reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix Class/type Situation previous Resulting situation after the triggering transactionof to the triggeringshares transaction Number Number Number Number of voting % of voting rightsif possible of of of shares rights xusing Shares Votingthe ISIN Rights Direct Direct xi Indirect Direct IndirectCODE xii GB0002994001 2177187 2177187 2187187 2187187 7.01% B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting % of votingfinancial date xiii Conversion Period xiv rights that may be rightsinstrument acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying FinancialInstruments xv, xvi Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of voting rights % of votingfinancial price date xvii Conversion instrument refers to rights xix, xxinstrument period xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 2187187 7.01% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will ceaseto hold: 12. Date on which proxy holder will cease to holdvoting rights: 13. Additional information: 14. Contact name: 15. Contact telephone number: Note: Annex should only be submitted to the FSA not the issuer Annex: Notification of major interests in sharesxxii A: Identity of the persons or legal entity subject to the notificationobligation Full name(including legal form of legal entities) Philip J Milton & Company Plc Contact address Sterling House, 17 Joy Street,(registered office for legal entities) Barnstaple, EX31 1HE Phone number & email 01271 344300 [email protected] Other useful information (at least legal representative for legal persons) B: Identity of the notifier, if applicable Full name Aidan McCarthy Contact address As Above Phone number & email 01271 344300 [email protected] Other useful information (e.g. functional relationship with the person or legalentity subject to the notification obligation) C: Additional information Discretionary managed investments for clients are held in the nominee names ofour administrators, Quai and Transact. These are Transact Nominees Ltd and forQuai, it is Pershing Nominees Limited. For notes on how to complete form TR-1 please see the FSA website.