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| THE      LACLEDE GROUP, INC. AND SUBSIDIARY COMPANIES                                                                                                                                               |   |
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| SCHEDULE      OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES                                                                                                                                  |   |
|                                                                                                                                                                                                |   |   |   |
|                                                                                                                                                                                                |   |   |   |
|                                                                                                                                                                                                |   | Fiscal      Year Ended September 30, |   |
|                                                                                                                                                                                                |   | 2009 |   |   | 2008 |   |   | 2007 |   |   | 2006 |   |   | 2005 |   |
| (Thousands      of Dollars)                                                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income      from continuing                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|          operations before interest    charges      and income taxes                                                                                             |   | $ | 126,517 |   |   | $ | 113,228 |   |   | $ | 101,867 |   |   | $ | 100,080 |   |   | $ | 78,676 |   |
| Add:      One third of applicable    rentals      charged to operating    expense      (which approximates    the      interest factor) |   |   | 1,833 |   |   |   | 1,691 |   |   |   | 1,485 |   |   |   | 1,291 |   |   |   | 938 |   |
|         Total      Earnings                                                                                                                                 |   | $ | 128,350 |   |   | $ | 114,919 |   |   | $ | 103,352 |   |   | $ | 101,371 |   |   | $ | 79,614 |   |
|                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest      on long-term debt -                                                                                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|          Laclede Gas                                                                                                                                                                 |   | $ | 24,583 |   |   | $ | 19,851 |   |   | $ | 22,502 |   |   | $ | 22,329 |   |   | $ | 22,835 |   |
| Other      Interest                                                                                                                                                                                 |   |   | 5,163 |   |   |   | 9,626 |   |   |   | 11,432 |   |   |   | 10,555 |   |   |   | 4,418 |   |
| Add:      One third of applicable    rentals      charged to operating    expense      (which approximates    the      interest factor) |   |   | 1,833 |   |   |   | 1,691 |   |   |   | 1,485 |   |   |   | 1,291 |   |   |   | 938 |   |
|         Total      Fixed Charges                                                                                                                            |   | $ | 31,579 |   |   | $ | 31,168 |   |   | $ | 35,419 |   |   | $ | 34,175 |   |   | $ | 28,191 |   |
|                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ratio      of Earnings to Fixed Charges                                                                                                                                                             |   |   | 4.06 |   |   |   | 3.69 |   |   |   | 2.92 |   |   |   | 2.97 |   |   |   | 2.82 |

| LACLEDE      GAS COMPANY                                                                                                                                                                            |   |
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|                                                                                                                                                                                                |   |
| SCHEDULE      OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES                                                                                                                                  |   |
|                                                                                                                                                                                                |   |   |   |
|                                                                                                                                                                                                |   |   |   |
|                                                                                                                                                                                                |   | Fiscal      Year Ended September 30, |   |
|                                                                                                                                                                                                |   | 2009 |   |   | 2008 |   |   | 2007 |   |   | 2006 |   |   | 2005 |   |
| (Thousands      of Dollars)                                                                                                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income      before interest    charges      and income taxes                                                                                                                    |   | $ | 77,395 |   |   | $ | 84,684 |   |   | $ | 80,134 |   |   | $ | 72,077 |   |   | $ | 72,092 |   |
| Add:      One third of applicable    rentals      charged to operating    expense      (which approximates    the      interest factor) |   |   | 1,833 |   |   |   | 1,691 |   |   |   | 1,485 |   |   |   | 1,291 |   |   |   | 938 |   |
|         Total      Earnings                                                                                                                                 |   | $ | 79,228 |   |   | $ | 86,375 |   |   | $ | 81,619 |   |   | $ | 73,368 |   |   | $ | 73,030 |   |
|                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest      on long-term debt                                                                                                                                                                     |   | $ | 24,583 |   |   | $ | 19,851 |   |   | $ | 22,502 |   |   | $ | 22,329 |   |   | $ | 22,835 |   |
| Other      Interest                                                                                                                                                                                 |   |   | 5,770 |   |   |   | 10,363 |   |   |   | 11,101 |   |   |   | 10,236 |   |   |   | 4,076 |   |
| Add:      One third of applicable    rentals      charged to operating    expense      (which approximates    the      interest factor) |   |   | 1,833 |   |   |   | 1,691 |   |   |   | 1,485 |   |   |   | 1,291 |   |   |   | 938 |   |
|         Total      Fixed Charges                                                                                                                            |   | $ | 32,186 |   |   | $ | 31,905 |   |   | $ | 35,088 |   |   | $ | 33,856 |   |   | $ | 27,849 |   |
|                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ratio      of Earnings to Fixed Charges                                                                                                                                                             |   |   | 2.46 |   |   |   | 2.71 |   |   |   | 2.33 |   |   |   | 2.17 |   |   |   | 2.62 |   |
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