20 March 2017

             London & St. Lawrence Investment Company PLC (the "Company")          

                                 Dividend declaration                              

    As stated in the shareholder circular published today by the Company (the "
    Circular"), the directors of the Company have declared a first interim dividend
    at a rate of 9.5p net per ordinary share. The dividend will be paid on to
    shareholders on 19 April 2017. Record date 31 March 2017, ex-dividend date 30
    March 2017.

    Subject to the Scheme (as defined in the Circular) being implemented, it is not
    anticipated that there will be any further dividends paid by the Company.

    This announcement contains inside information for the purposes of article 7 of
    the Market Abuse Regulation (EU/596/2014).

    Enquires

    London & St Lawrence Investment Company plc
    Jenny Sculley                         +44(0)1296 711598