| 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)             |   |                                                                                                                                                                                                                                              | 2007    |   |   |   |   | 2007 |   |   | 2006 |   |   | 2005 |   |   | 2004 |   |   | 2003 |   |
|                                                |   |                                                                                                                                                                                                                                              |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income                  before interest             |   |                                                                                                                                                                                                                                              |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| charges                  and income taxes           |   | $                                                                                                                                                                                                                                                 | 115,073 |   |   |   | $ | 112,078 |   | $ | 108,783 |   | $ | 91,435 |   | $ | 84,196 |   | $ | 80,270 |   |
| Add:                  One third of applicable       |   |                                                                                                                                                                                                                                              |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| rentals                  charged to operating       |   |                                                                                                                                                                                                                                              |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| expense                  (which approximates        |   |                                                                                                                                                                                                                                              |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| the                  interest factor)               |   |                                                                                                                                                                                                                                              | 4,686   |   |   |   |   | 4,710 |   |   | 4,514 |   |   | 3,250 |   |   | 2,333 |   |   | 2,873 |   |
| Total                  Earnings                     |   | $                                                                                                                                                                                                                                                 | 119,759 |   |   |   | $ | 116,788 |   | $ | 113,297 |   | $ | 94,685 |   | $ | 86,529 |   | $ | 83,143 |   |
|                                                |   |                                                                                                                                                                                                                                              |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                |   |                                                                                                                                                                                                                                              |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest                  on long-term debt – |   |                                                                                                                                                                                                                                              |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Laclede                  Gas                        |   | $                                                                                                                                                                                                                                                 | 22,002  |   |   |   | $ | 22,502 |   | $ | 22,329 |   | $ | 22,835 |   | $ | 22,010 |   | $ | 20,169 |   |
| Other                  interest                     |   |                                                                                                                                                                                                                                              | 15,456  |   |   |   |   | 14,727 |   |   | 13,850 |   |   | 7,714 |   |   | 6,804 |   |   | 6,802 |   |
| Add:                  One third of applicable       |   |                                                                                                                                                                                                                                              |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| rentals                  charged to operating       |   |                                                                                                                                                                                                                                              |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| expense                  (which approximates        |   |                                                                                                                                                                                                                                              |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| the                  interest factor)               |   |                                                                                                                                                                                                                                              | 4,686   |   |   |   |   | 4,710 |   |   | 4,514 |   |   | 3,250 |   |   | 2,333 |   |   | 2,873 |   |
| Total                  Fixed Charges                |   | $                                                                                                                                                                                                                                                 | 42,144  |   |   |   | $ | 41,939 |   | $ | 40,693 |   | $ | 33,799 |   | $ | 31,147 |   | $ | 29,844 |   |
|                                                |   |                                                                                                                                                                                                                                              |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                |   |                                                                                                                                                                                                                                              |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ratio                  of Earnings to Fixed         |   |                                                                                                                                                                                                                                              |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Charges                                             |   |                                                                                                                                                                                                                                              | 2.84    |   |   |   |   | 2.78 |   |   | 2.78 |   |   | 2.80 |   |   | 2.78 |   |   | 2.79 |   |
|                                                |   |                                                                                                                                                                                                                                              |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                |   |                                                                                                                                                                                                                                              |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                |   |                                                                                                                                                                                                                                              |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

| LACLEDE                  GAS COMPANY                                           |
|--------------------------------------------------------------------------------|
|                                                                           |
| SCHEDULE                  OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES |
|                                                                           |

|                                          |   |                                                    Twelve Months Ended |   |
|-----------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                          |   | Dec                  31,                                                                                                                                                                                                                    |   |   |   | September                  30, |   |
| (Thousands                  of Dollars)       |   |                                                                                                                                                                                                                                        | 2007   |   |   |   |   | 2007 |   |   | 2006 |   |   | 2005 |   |   | 2004 |   |   | 2003 |   |
|                                          |   |                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income                  before interest       |   |                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| charges                  and income taxes     |   | $                                                                                                                                                                                                                                           | 80,251 |   |   |   | $ | 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)         |   |                                                                                                                                                                                                                                        | 1,548  |   |   |   |   | 1,485 |   |   | 1,291 |   |   | 938 |   |   | 538 |   |   | 457 |   |
| Total                  Earnings               |   | $                                                                                                                                                                                                                                           | 81,799 |   |   |   | $ | 81,619 |   | $ | 73,368 |   | $ | 73,030 |   | $ | 74,494 |   | $ | 76,731 |   |
|                                          |   |                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                          |   |                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest                  on long-term debt   |   | $                                                                                                                                                                                                                                           | 22,002 |   |   |   | $ | 22,502 |   | $ | 22,329 |   | $ | 22,835 |   | $ | 22,010 |   | $ | 20,169 |   |
| Other                  interest               |   |                                                                                                                                                                                                                                        | 11,697 |   |   |   |   | 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)         |   |                                                                                                                                                                                                                                        | 1,548  |   |   |   |   | 1,485 |   |   | 1,291 |   |   | 938 |   |   | 538 |   |   | 457 |   |
| Total                  Fixed Charges          |   | $                                                                                                                                                                                                                                           | 35,247 |   |   |   | $ | 35,088 |   | $ | 33,856 |   | $ | 27,849 |   | $ | 25,740 |   | $ | 24,378 |   |
|                                          |   |                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                          |   |                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Ratio                  of Earnings to Fixed   |   |                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Charges                                       |   |                                                                                                                                                                                                                                        | 2.32   |   |   |   |   | 2.33 |   |   | 2.17 |   |   | 2.62 |   |   | 2.89 |   |   | 3.15 |   |
|                                          |   |                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                          |   |                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                          |   |                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |