Purchase of Own Securities

Investment Company PLC
01 April 2003



The Investment Company plc



The Investment Company plc announces that on 31 March 2003 it purchased 500,000
Participating Preference shares of 50p each for cancellation at a price of 99p
(ex-dividend) per share.  Following this purchase, 6,234,805 Participating
Preference shares remain in issue.



End


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