| THE      LACLEDE GROUP, INC. AND SUBSIDIARY COMPANIES              |                                                                                 |
|--------------------------------------------------------------------|--------------------------------------------------------------------------------------|
|                                                               |                                                                                 |
| SCHEDULE      OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES |                                                                                 |
|                                                               |                                                                                 |     |   |   |   |
|                                                               |                                                                                 |   |   |   |   |
|                                                               |                                                                                 |   | Twelve      Months Ended |   |   |
|                                                               |                                                                                 |   | June      30, |   |   |   | September      30, |   |
|                                                               | (Thousands      of Dollars)                                                          |   |   | 2008 |   |   |   |   | 2007 |   |   | 2006 |   |   | 2005 |   |   | 2004 |   |   | 2003 |   |
|                                                               |                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Income      from continuing operations before interest                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | charges      and income taxes                                                        |   | $ | 116,467 |   |   |   | $ | 101,866 |   | $ | 100,079 |   | $ | 78,677 |   | $ | 78,605 |   | $ | 81,532 |   |
|                                                               | Add:      One third of applicable                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | rentals      charged to operating                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | expense      (which approximates                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | the      interest factor)                                                            |   |   | 1,645 |   |   |   |   | 1,485 |   |   | 1,291 |   |   | 938 |   |   | 538 |   |   | 457 |   |
|                                                               |          Total      Earnings            |   | $ | 118,112 |   |   |   | $ | 103,351 |   | $ | 101,370 |   | $ | 79,615 |   | $ | 79,143 |   | $ | 81,989 |   |
|                                                               |                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Interest      on long-term debt –                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Laclede      Gas                                                                     |   | $ | 20,502 |   |   |   | $ | 22,502 |   | $ | 22,329 |   | $ | 22,835 |   | $ | 22,010 |   | $ | 20,169 |   |
|                                                               | Other      interest                                                                  |   |   | 10,919 |   |   |   |   | 11,432 |   |   | 10,554 |   |   | 4,419 |   |   | 3,511 |   |   | 3,971 |   |
|                                                               | Add:      One third of applicable                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | rentals      charged to operating                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | expense      (which approximates                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | the      interest factor)                                                            |   |   | 1,645 |   |   |   |   | 1,485 |   |   | 1,291 |   |   | 938 |   |   | 538 |   |   | 457 |   |
|                                                               |           Total      Fixed Charges |   | $ | 33,066 |   |   |   | $ | 35,419 |   | $ | 34,174 |   | $ | 28,192 |   | $ | 26,059 |   | $ | 24,597 |   |
|                                                               |                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Ratio      of Earnings to Fixed                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Charges                                                                              |   |   | 3.57 |   |   |   |   | 2.92 |   |   | 2.97 |   |   | 2.82 |   |   | 3.04 |   |   | 3.33 |   |
|                                                               |                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |                                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

| LACLEDE      GAS COMPANY                                           |                              |   |
|--------------------------------------------------------------------|-----------------------------------|--------|
|                                                               |                              |   |
| SCHEDULE      OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES |                              |   |
|                                                               |                              |   |
|                                                               |                              |   |   |   |
|                                                               |                              |   | Twelve      Months Ended |   |
|                                                               |                              |   | June      30, |   |   |   | September      30, |   |
|                                                               | (Thousands      of Dollars)       |   |   | 2008 |   |   |   |   | 2007 |   |   | 2006 |   |   | 2005 |   |   | 2004 |   |   | 2003 |   |
|                                                               |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Income      before interest       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | charges      and income taxes     |   | $ | 90,376 |   |   |   | $ | 80,134 |   | $ | 72,077 |   | $ | 72,092 |   | $ | 73,956 |   | $ | 76,274 |   |
|                                                               | Add:      One third of applicable |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | rentals      charged to operating |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | expense      (which approximates  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | the      interest factor)         |   |   | 1,645 |   |   |   |   | 1,485 |   |   | 1,291 |   |   | 938 |   |   | 538 |   |   | 457 |   |
|                                                               | Total      Earnings               |   | $ | 92,021 |   |   |   | $ | 81,619 |   | $ | 73,368 |   | $ | 73,030 |   | $ | 74,494 |   | $ | 76,731 |   |
|                                                               |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Interest      on long-term debt   |   | $ | 20,502 |   |   |   | $ | 22,502 |   | $ | 22,329 |   | $ | 22,835 |   | $ | 22,010 |   | $ | 20,169 |   |
|                                                               | Other      interest               |   |   | 10,983 |   |   |   |   | 11,101 |   |   | 10,236 |   |   | 4,076 |   |   | 3,192 |   |   | 3,752 |   |
|                                                               | Add:      One third of applicable |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | rentals      charged to operating |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | expense      (which approximates  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | the      interest factor)         |   |   | 1,645 |   |   |   |   | 1,485 |   |   | 1,291 |   |   | 938 |   |   | 538 |   |   | 457 |   |
|                                                               | Total      Fixed Charges          |   | $ | 33,130 |   |   |   | $ | 35,088 |   | $ | 33,856 |   | $ | 27,849 |   | $ | 25,740 |   | $ | 24,378 |   |
|                                                               |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Ratio      of Earnings to Fixed   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Charges                           |   |   | 2.78 |   |   |   |   | 2.33 |   |   | 2.17 |   |   | 2.62 |   |   | 2.89 |   |   | 3.15 |   |
|                                                               |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
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