For a finite typed graph on n nodes and with type law µ, we define the socalled spectral potential ρ λ ( ·, µ), of the graph.From the ρ λ ( ·, µ) we obtain Kullback action or the deviation function, H λ (π ν), with respect to an empirical pair measure, π, as the Legendre dual. For the finite typed random graph conditioned to have an empirical link measure π and empirical type measure µ, we prove a Local large deviation principle (LLDP), with rate function H λ (π ν) and speed n. We deduce from this LLDP, a full conditional large deviation principle and a weak variant of the classical McMillian Theorem for the typed random graphs. Given the typical empirical link measure, λµ ⊗ µ, the number of typed random graphs is approximately equal e n λµ⊗µ H λµ⊗µ/ λµ⊗µ . Note that we do not require any topological restrictions on the space of finite graphs for these LLDPs. Now, some Large deviation principles(LDPs) and Coding Theorems exists for networked data structures modelled as the typed random graph (TRG) models.See,[15], [2], [9], [3],[7], [5] and the reference therein. O'Connor [15] proved large deviation principle (LDP) for the relative size of the largest connected component in the random graph with small edge probability. Biggin and Penman [2] have found LDPs for the number of edges of TRG models, where the link probabilities are independent of the number of nodes, using the Garten-Ellis Theorem, see [12].[9] proved LDPs for the empirical measures of the TRG where the link probabilities are dependent on the number of nodes of the graph. In [3], LDP for the empirical neighborhood distribution in sparse random graphs was proved using a technique that relies on the typical behavior within the framework of the local weak convergence of finite graph sequences. Asymptotic Equipartition Properties including the Lossy version have been found in [7] and [5], by the techniques of exponential change of measure and random allocation, respectively. Mathematics Subject Classification : 94A15, 94A24, 60F10, 05C80