Portfolio Update

LONDON & ST LAWRENCE INVESTMENT COMPANY PLC Listing Rule 21.20 Disclosures Quarterly 21.20(1)(ii) As at 31 March 2015 the Company held no holdings in other UK Listed investmentcompanies (including listed investment trusts) which do not have a statedinvestment policy to invest no more than 15% of their gross assets in otherlisted UK investment companies. The top ten holdings as at 31 March 2015 Holding Market Value % Consistent Unit Trust Income units 13,331,095 12.16 Aberforth Geared 5,197,500 4.39 City of London 4,462,370 3.88 Edinburgh Inv 4,365,900 3.87 Law Debenture 3,840,000 3.92 TR Property 3,662,720 3.63 Merchants Trust 3,601,875 3.56 Dunedin Inc Growth 3,324,563 3.18 Witan 3,238,000 3.11 Blackrock Inc Strategies 3,209,500 3.03 The above holdings represent 44.43% of the Company's portfolio. There are no other investments with a value of more than 5% of the Company'sportfolio.