LFC Lon.Forfaiting

RNS No 4903j
LONDON FORFAITING COMPANY PLC
2nd December 1998

LETTER TO: COMPANY ANNOUNCEMENTS OFFICE

We have received by post today notification from Perpetual plc on behalf of
Perpetual Unit Trust Management and Perpetual Investment Management Services
that, following an increase in their shareholding on 1 December 1998, they are
interested in 12,758,775 Ordinary Shares of 40p each in London Forfaiting
Company PLC, representing 12.18% of the issued ordinary share capital.

The shares are registered in the name of Vidacos Nominees.

FROM: LONDON FORFAITING COMPANY PLC
END

HOLAUAOKWUKURAA

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