LONDON & ST LAWRENCE INVESTMENT COMPANY PLC

Listing Rule 21.20 Disclosures

Monthly 21.20 (1)(i)

As at 31 December 2013 the Company held the following holdings in other UK
Listed investment companies (including listed investment trusts) which do not
have a stated investment policy to invest no more than 15% of their gross
assets in other listed UK investment companies.

Company                          Market Value

Alliance trust                   2,925,000


The above holdings represent 2.84% of the Company's portfolio. None of the
above holdings represents 5% of the Company's portfolio.

Quarterly 21.20(1)(ii)

The top ten holdings as at 31 December 2013

Holding                                        Market Value        %

Consistent Unit Trust Income units             12,652,621          12.55

Aberforth Geared                               4,300,000

Law Debenture                                  4,228,000

Merchants Trust                                3,832,500

City of London                                 3,779,000

Witan Inv Trust                                3,777,025

Edinburgh Inv                                  3,470,125

Mercantile Inv Trust                           3,328,200

TR Property                                    3,056,400

Dunedin Inc Growth                             3,011,250

The above holdings represent 44.05% of the Company's portfolio.

There are no other investments with a value of more than 5% of the Company's
portfolio.

END