| 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) |   |   | 2009 |   |   |   |   | 2009 |   |   | 2008 |   |   | 2007 |   |   | 2006 |   |   | 2005 |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Income      from continuing     operations      before interest |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      charges      and income taxes |   | $ | 111,342 |   |   |   | $ | 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) |   |   | 1,839 |   |   |   |   | 1,833 |   |   | 1,691 |   |   | 1,485 |   |   | 1,291 |   |   | 938 |
|                                                               |          Total      Earnings |   | $ | 113,181 |   |   |   | $ | 128,350 |   | $ | 114,919 |   | $ | 103,352 |   | $ | 101,371 |   | $ | 79,614 |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Interest      on long-term debt – |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      Laclede      Gas |   | $ | 24,582 |   |   |   | $ | 24,583 |   | $ | 19,851 |   | $ | 22,502 |   | $ | 22,329 |   | $ | 22,835 |
|                                                               | Other      interest |   |   | 3,080 |   |   |   |   | 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) |   |   | 1,839 |   |   |   |   | 1,833 |   |   | 1,691 |   |   | 1,485 |   |   | 1,291 |   |   | 938 |
|                                                               |           Total      Fixed Charges |   | $ | 29,501 |   |   |   | $ | 31,579 |   | $ | 31,168 |   | $ | 35,419 |   | $ | 34,175 |   | $ | 28,191 |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Ratio      of Earnings to Fixed |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      Charges |   |   | 3.84 |   |   |   |   | 4.06 |   |   | 3.69 |   |   | 2.92 |   |   | 2.97 |   |   | 2.82 |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

| LACLEDE      GAS COMPANY                                           |
|--------------------------------------------------------------------|
|                                                               |
| SCHEDULE      OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES |
|                                                               |
|                                                               |   |   |   |
|                                                               |   |   | Twelve      Months Ended |
|                                                               |   |   | Dec.      31, |   |   |   | September      30, |
|                                                               | (Thousands      of Dollars) |   |   | 2009 |   |   |   |   | 2009 |   |   | 2008 |   |   | 2007 |   |   | 2006 |   |   | 2005 |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Income      before interest |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      charges      and income taxes |   | $ | 83,038 |   |   |   | $ | 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) |   |   | 1,839 |   |   |   |   | 1,833 |   |   | 1,691 |   |   | 1,485 |   |   | 1,291 |   |   | 938 |
|                                                               |           Total      Earnings |   | $ | 84,877 |   |   |   | $ | 79,228 |   | $ | 86,375 |   | $ | 81,619 |   | $ | 73,368 |   | $ | 73,030 |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Interest      on long-term debt |   | $ | 24,582 |   |   |   | $ | 24,583 |   | $ | 19,851 |   | $ | 22,502 |   | $ | 22,329 |   | $ | 22,835 |
|                                                               | Other      interest |   |   | 3,144 |   |   |   |   | 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) |   |   | 1,839 |   |   |   |   | 1,833 |   |   | 1,691 |   |   | 1,485 |   |   | 1,291 |   |   | 938 |
|                                                               |           Total      Fixed Charges |   | $ | 29,565 |   |   |   | $ | 32,186 |   | $ | 31,905 |   | $ | 35,088 |   | $ | 33,856 |   | $ | 27,849 |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               | Ratio      of Earnings to Fixed |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |      Charges |   |   | 2.87 |   |   |   |   | 2.46 |   |   | 2.71 |   |   | 2.33 |   |   | 2.17 |   |   | 2.62 |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
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