Net Asset Value The Board of The Law Debenture Corporation p.l.c. announces that its Net Asset Value (NAV Ex Income) at 31 March 2013 was 424.11 pence per share and NAV Cum Income was 427.76 pence per share, which excludes the proposed 2012 final dividend of 9.75p. With the Corporation's long term debt stated at fair value, the NAV is reduced by 6.80 pence per share. The mid-market price at 31 March 2013 was 464.50 pence per share. The final dividend will be paid, subject to shareholder approval, on 18 April 2013 to holders on the register at the record date of 22 March 2013. In accordance with listing rule 15.6.8, The Law Debenture Corporation p.l.c. announces that it has no investments in other UK listed investment companies that require to be disclosed. Its top ten holdings, including all holdings with a value greater than 5% of the Corporation's gross assets as at 31 March 2013 are set out below Top 10 Holdings The top 10 holdings in the portfolio as at 31 March 2013 were: Rank Name of Holding % of portfolio (excl. cash) 1. UK Treasury 2.25% 07/03/14 6.34 2. Senior 3.34 3. Henderson Japan Capital Growth 2.55 4. BP 2.48 5. Henderson Asia Pacific Capital Growth 2.37 6. GKN 2.27 7. GlaxoSmithKline 2.14 8. Baillie Gifford Pacific 2.10 9. Royal Dutch Shell 2.03 10. Amlin 1.93 Geographical Split Region % of portfolio UK 69 Europe 8 North America 7 Japan 3 Other Pacific 6 Other - Cash and Fixed Interest 7 TOTAL 100 Released by The Law Debenture Corporation p.l.c., Fifth Floor, 100 Wood Street, London, EC2V 7EX (contact Ian Bowden, Company Secretariat, 020 7696 5285). END -0- Apr/02/2013 15:35 GMT
LAW DEBENTURE CORP PLC: Net Asset Value and Portfolio Update
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