RNS Number:7305N
Schroder Investment Management Ltd
18 July 2003



The issuer advises that the following replaces the Rule 8 - London Forfaiting Co
PLC announcement released on 17th July, at 12.30, under RNS number 6688N. The
Percentage of class should have read 10.174% and not 10174% as previously
stated.

All other details remain unchanged. The full amended text appears below.

                                                                  FORM 8.1/8.3
Date of Disclosure: 18/07/03

          DISCLOSURE UNDER RULES 8.1 (a), 8.1 (b)(i), AND 8.3 OF THE CITY CODE

                            ON TAKEOVERS AND MERGERS


Date of Dealing:     16/07/03

Dealing in:     LONDON FORFAITING COMPANY Plc

(1)     Class of securities (e.g. ordinary shares):    ORDINARY 40p SHARES
         
(2)     Amount bought                     Amount sold        Price per unit (p)
                                                                                                                        
           106,753                                                   26

(3)     Resultant total of the same class owned or controlled:     10,660,200*

        Percentage of class:      10.174%

* Resultant holding includes transfer of 39,531 shares.

(4)     Party making disclosure:     SCHRODER INVESTMENT MANAGEMENT LIMITED

(5)     EITHER     (a)     Name of purchaser/vendor (Note 1) :

        OR         (b)     If dealing for discretionary client(s), name of fund
                            management organisation:

               SCHRODER INVESTMENT MANAGEMENT LIMITED
                                                      
 6. Reason for disclosure (Note 2)


    (a) associate of     (i) offeror (Note 3)               NO
                         (ii) offeree company               YES
                   

    Specify which category or categories of associate (1-8 overleaf):     6

    If category (8), explain:

        (b) Rule 8.3 (i.e. disclosure because of ownership or control of 1% or 
        more of the class of relevant securities dealt in).         YES


Signed on behalf of the party named in (4) above: ..............................

(Also print name of signatory): Alison Dunn

Telephone and extension number: 020 7658 2959



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