Portfolio Update

LONDON & ST LAWRENCE INVESTMENT COMPANY PLC Listing Rule 21.20 Disclosures Monthly 21.20 (1)(i) As at 30 June 2014 the Company held the following holdings in other UK Listedinvestment companies (including listed investment trusts) which do not have astated investment policy to invest no more than 15% of their gross assets inother listed UK investment companies. Company Market Value Alliance trust 2,673,000 The above holdings represent 2.57% of the Company's portfolio. None of theabove holdings represents 5% of the Company's portfolio. Quarterly 21.20(1)(ii) The top ten holdings as at 30 June 2014 Holding Market Value % Consistent Unit Trust Income units 13,280,668 12.75 Aberforth Geared 4,677,750 4.49 Law Debenture 4,144,000 3.98 Witan Inv Trust 3,988,900 3.83 City of London 3,807,000 3.65 Merchants Trust 3,783,750 3.63 Edinburgh Inv 3,475,875 3.34 TR Property 3,474,900 3.34 Dunedin Inc Growth 3,000,250 2.88 Mercantile Inv Trust 2,912,000 2.8 The above holdings represent 44.68% of the Company's portfolio. There are no other investments with a value of more than 5% of the Company'sportfolio.

END