Director Declaration

100 Bishopsgate

London

EC2N 4AG

Appointment of a New Non-Executive Director

The Law Debenture Corporation p.l.c. (the "Corporation" or "Law Debenture") is pleased to announce that Maarten Slendebroek has been appointed as a Non-Executive Director of the Corporation, with immediate effect. Maarten will succeed Tim Bond, who having completed nine years on the Board, will retire as a Non-Executive Director of the Corporation at the conclusion of its next Annual General Meeting.

Maarten has an extensive background in strategic development and investment management in the financial services sector, including his previous roles as Distribution and Strategy Director and later CEO of Jupiter Fund Management plc and as Managing Director and Head of International Retail at BlackRock.

Maarten is currently a Non-Executive Director of Brooks Macdonald Group plc and Chair of the Supervisory Board at Robeco. During the five years immediately preceding the date of this announcement, Maarten was also a director of Jupiter Fund Management plc.

Robert Hingley, Law Debenture's Chairman, commented: "We are delighted that Maarten has accepted our invitation to join Law Debenture. His experience in financial services will be an invaluable addition to the existing skills and expertise on the Board."

There is no information required to be disclosed under section 9.6.13 of the Listing Rules in respect of Maarten Slendebroek.

From its origins in 1889, Law Debenture has diversified to become a group with a unique range of activities in the financial and professional services sectors. The group has two distinct areas of business.

Investment Portfolio:

Independent Professional Services:

We are a leading provider of independent professional services, built on three excellent foundations: our Pensions, Corporate Trust and Corporate Services businesses. We operate globally, with offices in the UK, New York, Ireland, Hong Kong, Delaware and the Channel Islands.

Companies, agencies, organisations and individuals throughout the world rely on Law Debenture to carry out our duties with the independence and professionalism upon which our reputation is built.