LFC Lon.Forfaiting

RNS No 7705x
LONDON FORFAITING COMPANY PLC
1st October 1998

TO: COMPANY ANNOUNCEMENTS OFFICE

We have received today notification from Franklin Resources, Inc. that following
a decrease in their shareholdingg on behalf of clients, they are interested in
4,171,500 Ordinary Shares of 40p each in London Forfaiting Company PLC,
representing 3.98% of the issued ordinary share capital. 

The shares are registered in the name of The Bank of New York, London.

FROM: LONDON FORFAITING CO. PLC

END

HOLUBGAUUBGRGQG

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