| THE      LACLEDE GROUP, INC. AND SUBSIDIARY COMPANIES              |                                                                                     |
|--------------------------------------------------------------------|------------------------------------------------------------------------------------------|
|                                                               |                                                                                     |
| SCHEDULE      OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES |                                                                                     |
|                                                               |                                                                                     |   |   |   |   |
|                                                               |                                                                                     |   |   |   |   |
|                                                               |                                                                                     |   | Twelve      Months Ended |   |   |
|                                                               |                                                                                     |   | Dec.      31, |   |   |   | September      30, |   |
|                                                               | (Thousands      of Dollars)                                                              |   |   | 2008 |   |   |   |   | 2008 |   |   | 2007 |   |   | 2006 |   |   | 2005 |   |   | 2004 |   |
|                                                               |                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Income      from continuing     operations      before interest |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      charges      and income taxes                              |   | $ | 127,828 |   |   |   | $ | 113,228 |   | $ | 101,867 |   | $ | 100,080 |   | $ | 78,676 |   | $ | 78,604 |   |
|                                                               | Add:      One third of applicable                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      rentals      charged to operating                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      expense      (which approximates                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      the      interest factor)                                  |   |   | 1,714 |   |   |   |   | 1,691 |   |   | 1,485 |   |   | 1,291 |   |   | 938 |   |   | 538 |   |
|                                                               |          Total      Earnings                |   | $ | 129,542 |   |   |   | $ | 114,919 |   | $ | 103,352 |   | $ | 101,371 |   | $ | 79,614 |   | $ | 79,142 |   |
|                                                               |                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Interest      on long-term debt –                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      Laclede      Gas                                           |   | $ | 20,871 |   |   |   | $ | 19,851 |   | $ | 22,502 |   | $ | 22,329 |   | $ | 22,835 |   | $ | 22,010 |   |
|                                                               | Other      interest                                                                      |   |   | 8,039 |   |   |   |   | 9,626 |   |   | 11,432 |   |   | 10,555 |   |   | 4,418 |   |   | 3,511 |   |
|                                                               | Add:      One third of applicable                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      rentals      charged to operating                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      expense      (which approximates                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      the      interest factor)                                  |   |   | 1,714 |   |   |   |   | 1,691 |   |   | 1,485 |   |   | 1,291 |   |   | 938 |   |   | 538 |   |
|                                                               |           Total      Fixed Charges     |   | $ | 30,624 |   |   |   | $ | 31,168 |   | $ | 35,419 |   | $ | 34,175 |   | $ | 28,191 |   | $ | 26,059 |   |
|                                                               |                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Ratio      of Earnings to Fixed                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      Charges                                                    |   |   | 4.23 |   |   |   |   | 3.69 |   |   | 2.92 |   |   | 2.97 |   |   | 2.82 |   |   | 3.04 |   |
|                                                               |                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

| LACLEDE      GAS COMPANY                                           |                                                                                 |
|--------------------------------------------------------------------|--------------------------------------------------------------------------------------|
|                                                               |                                                                                 |   |
| SCHEDULE      OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES |                                                                                 |
|                                                               |                                                                                 |   |
|                                                               |                                                                                 |   |   |   |
|                                                               |                                                                                 |   | Twelve      Months Ended |   |
|                                                               |                                                                                 |   | Dec.      31, |   |   |   | September      30, |   |
|                                                               | (Thousands      of Dollars)                                                          |   |   | 2008 |   |   |   |   | 2008 |   |   | 2007 |   |   | 2006 |   |   | 2005 |   |   | 2004 |   |
|                                                               |                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Income      before interest                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      charges      and income taxes                          |   | $ | 84,950 |   |   |   | $ | 84,684 |   | $ | 80,134 |   | $ | 72,077 |   | $ | 72,092 |   | $ | 73,956 |   |
|                                                               | Add:      One third of applicable                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      rentals      charged to operating                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      expense      (which approximates                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      the      interest factor)                              |   |   | 1,714 |   |   |   |   | 1,691 |   |   | 1,485 |   |   | 1,291 |   |   | 938 |   |   | 538 |   |
|                                                               |           Total      Earnings      |   | $ | 86,664 |   |   |   | $ | 86,375 |   | $ | 81,619 |   | $ | 73,368 |   | $ | 73,030 |   | $ | 74,494 |   |
|                                                               |                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Interest      on long-term debt                                                      |   | $ | 20,871 |   |   |   | $ | 19,851 |   | $ | 22,502 |   | $ | 22,329 |   | $ | 22,835 |   | $ | 22,010 |   |
|                                                               | Other      interest                                                                  |   |   | 9,536 |   |   |   |   | 10,363 |   |   | 11,101 |   |   | 10,236 |   |   | 4,076 |   |   | 3,192 |   |
|                                                               | Add:      One third of applicable                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      rentals      charged to operating                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      expense      (which approximates                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      the      interest factor)                              |   |   | 1,714 |   |   |   |   | 1,691 |   |   | 1,485 |   |   | 1,291 |   |   | 938 |   |   | 538 |   |
|                                                               |           Total      Fixed Charges |   | $ | 32,121 |   |   |   | $ | 31,905 |   | $ | 35,088 |   | $ | 33,856 |   | $ | 27,849 |   | $ | 25,740 |   |
|                                                               |                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Ratio      of Earnings to Fixed                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      Charges                                                |   |   | 2.70 |   |   |   |   | 2.71 |   |   | 2.33 |   |   | 2.17 |   |   | 2.62 |   |   | 2.89 |   |
|                                                               |                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |