EGM Statement

Lowland Investment Co PLC
14 June 2005

LOWLAND INVESTMENT COMPANY PLC



HENDERSON GLOBAL INVESTORS



14 JUNE 2005




                          Lowland Investment Company plc



                     Extraordinary General Meeting held on

                                  14 June 2005




At the Extraordinary General Meeting held this afternoon the ordinary resolution
put to the meeting was passed. The resolution provides authority for an issue of
new ordinary shares in the Company ('Shares') in connection with the scheme of
reconstruction of Securities Trust of Scotland plc (the 'Scheme'), to increase
the authorised share capital from £7,500,000 to £20,000,000 and to authorise the
directors to allot relevant securities up to an aggregate nominal amount of
£12,500,000.



A further announcement will be made on 27 June 2005 setting out the number of
Shares which will be issued to those Securities Trust shareholders who elected
to receive Shares under the Scheme.





                                     -ENDS-






For further information please contact:



James Henderson
Fund Manager
Lowland Investment Company plc
Tel: [phone]



James de Sausmarez
Head of Investment Trusts
Henderson Global Investors
Telephone: [phone]




                      This information is provided by RNS
            The company news service from the London Stock Exchange