Blocklisting Interim Review

Lowland Investment Co PLC
05 February 2008



                        BLOCK LISTING SIX MONTHLY RETURN

Information provided on this form must be typed or printed electronically and
provided to an ris.

Date: 5 February 2008


Name of applicant:                                    LOWLAND INVESTMENT COMPANY PLC

Name of scheme:                                       Henderson Global Investors Managed PEPs

Period of return:                      From:          1 August 2007          To:       5 February 2008

Balance of unallotted securities under scheme(s) from 766,820
previous return:

Plus:  The amount by which the block scheme(s) has    Nil
been increased since the date of the last return (if
any increase has been applied for):

Less:  Number of securities issued/allotted under     Nil
scheme(s) during period (see LR3.5.7G):

Equals:  Balance under scheme(s) not yet issued/      766,820
allotted at end of period:


Name of contact:                                       Andrea Callaby
                                                       For and on behalf of
                                                       Henderson Secretarial Services
                                                       Secretary to Lowland Investment Company plc

Telephone number of contact:                           020 7818 2966








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