| | Artist | Song | Album | Company |
| 1 | Dif Juz | Love Insane (featuring Liz Fraser) | | |
| 2 | Lester Bangs | Let It Blurt | | |
| 3 | Lightning Seeds | Cloudcuckooland (UK Edition) | Pure | |
| 4 | Lilys | A Nanny in Manhattan | Connected (Disc 2 of 2) | |
| 5 | Liquid Liquid | Cavern | | |
| 6 | Liquido | Narcotic | | |
| 7 | Lisa Germano | Small Heads | | |
| 8 | Liz Phair | Polyester Bride | | |
| 9 | Liza Minnelli | Maybe This Time | | |
| 10 | Lloyd Cole and the Commotions | Perfect Skin | | |
| 11 | Los Lobos | Mas Y Mas | Colossal Head | |
| 12 | Lotte Lenya | September Song | | |
| 13 | Lou Reed | Romeo Had Juliet | | |
| 14 | Loud Family | Years of Wrong Impressions | Attractive Nuisance | |
| 15 | Louise Forestier | Dans la Prison de Londres | | |
| 16 | Low | Weight of Water | | |
| 17 | Lumin | Hadra | Hadra | |
| 18 | Luscious Jackson | Naked Eye | | |
| 19 | Lush | For Love | | |
| 20 | Luz Divina | Flying above the Clouds (Jonathan Peters Mix) | | |
| 21 | M factor | Mother (Original Vocal Mix) | | |
| 22 | M People | Moving On Up | | |
| 23 | Madison Avenue | Who the Hell Are You | | |
| 24 | Madonna | Die another Day | | |
| 25 | Magnetic Fields | All the Umbrellas in London | | |
| 26 | Malatu Astatqe | Yekatit (Ethiopiques 4) | Ethiopiques 4 - ethio jazz & m | |
| 27 | Malina | By Your Side (Remix) | | |
| 28 | Malka Spigel & Khaled | Amdyaz | | |
