X0202 4 2008-01-24 0 0000061004 LGL GROUP INC LGL 0001233348 GABELLI MARC C/O LGL GROUP, INC. 2525 SHADER ROAD ORLANDO FL 32804 1 0 0 0 Common Stock 2008-01-24 4 P 0 1500 7.66 A 12475 D Common Stock 506879 I Shares Held By Ltd. Partnership These shares are beneficially owned by Venator Merchant Fund, L.P. and Venator Global, LLC. Venator Global, LLC., the sole general partner of Venator Merchant Fund, L.P., is deemed to have beneficial ownership of the securities owned beneficially by Venator Merchant Fund, L.P. Marc Gabelli may be deemed to control Venator Global, LLC. Marc Gabelli hereby disclaims beneficial ownership of the shares owned by Venator Merchant Fund, L.P. except to the extent of his pecuniary interest therein. /s/ Marc Gabelli 2008-01-24