Blk Listing Six-Mthly Return

Lowland Investment Co PLC
7 August 2000


Schedule 5 - Block Listing Six-Monthly Return

1   Name of company:
LOWLAND INVESTMENT COMPANY PLC

2   Name of Scheme:
HENDERSON INVESTORS INVESTMENT TRUST SHARE PLAN

3   Period of Return - From:
6 FEBRUARY 2000

To:
5 AUGUST 2000

4   Number and class of share(s) (amount of stock/debt security) not issued
under scheme at the end of last period:
368,017

5   Number of shares issued/allotted under scheme during period:
NIL

6   Balance under scheme not yet issued/allotted under scheme at end of
period:
368,017

7   Number and class of share(s) (amount of stock/debt securities) originally
listed and the date of admission: 
31,249 ORDINARY SHARES AS AT 28.04.95
289,855 ORDINARY SHARES AS AT 25.08.95
284,090 ORDINARY SHARES AS AT 13.03.96

Please confirm total number of shares in issue at the end of the period in
order for us to update our records:
20,025,205 ORDINARY SHARES AS AT 05.08.00

Contact name for queries:
MRS K M BURWOOD

Contact telephone number:
020 7410 2966

Contact address:
3 FINSBURY AVENUE, LONDON EC2M 2PA

Name of person making return:
MRS K M BURWOOD, FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LIMITED

Position of person making return:
SECRETARY