  The distance modulus of the Large Magellanic Cloud (LMC) is the first step on
the determination of the cosmic distance scale. In this paper it is obtained
from a new calibration of the classical Cepheid Period-Luminosity (PL)
relation. Our new calibration is obtained by applying the LM method -- a
parametric method designed to obtain luminosity calibrations from astrometric
information -- to the Hipparcos data for Classical Cepheids. The resulting
distance modulus is $18.35^{m}\pm 0.13$.
