Purchase of Own Securities

Investment Company PLC
24 March 2003


The Investment Company plc

The Investment Company plc announces that on 21 March 2003 it purchased 275,000
Participating Preference shares of 50p each for cancellation at a price of 99p
(ex-dividend) per share.  Following this purchase, 6,734,805 Participating
Preference shares remain in issue.


End

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