Result of AGM

THE INVESTMENT COMPANY PLC (the "Company")

Result of Annual General Meeting

The Company is pleased to announce that at the Annual General Meeting held on
11 December 2014 all resolutions were passed on a show of hands, including the
following resolutions:

Resolution 8 (ordinary resolution): To authorise the Directors to allot shares
pursuant to Section 551 of the Companies Act 2006.

Resolution 9 (special resolution): To authorise the Directors to allot ordinary
shares for cash pursuant to Sections 570 and 573 of the Companies Act 2006
otherwise than in accordance with statutory pre-emption rights.

Resolution 10 (special resolution): To authorise the Directors to make market
purchases of the Company's own shares.

Resolution 11 (special resolution): To hold general meetings (other than annual
general meetings) on 14 clear days' notice.

The proxy votes received in relation to these resolutions were as follows:

Resolutions      Votes For     Votes Against        Votes at         Votes
                                                  Chairman's      Withheld
                                                  Discretion

Resolution 1       435,880                 0          24,442             0

Resolution 2       433,993             2,087          24,242             0

Resolution 3       433,770             2,087          24,465             0

Resolution 4       434,193             1,887          24,242             0

Resolution 5       454,193             1,887           4,242             0
                                                                              
Resolution 6       433,574             2,506          24,242             0
                                                                              
Resolution 7       434,193             1,887          24,242             0

Resolution 8       433,993             2,087          24,242             0

Resolution 9       430,039             5,818          24,465             0
                                                                              
Resolution 10      430,262             5,818          24,242             0

Resolution 11      434,193             1,887          24,242             0


A copy of the full text of Resolutions 8 to 11 will be submitted to the
National Storage Mechanism and will shortly be available for inspection at 
www.morningstar.co.uk/uk/NSM