Holding(s) in Company

Lowland Investment Co PLC
14 July 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

LOWLAND INVESTMENT COMPANY

2. Name of shareholder having a major interest

HENDERSON GLOBAL INVESTORS: AND ITS ASSOCIATED COMPANIES (ACTING AS AGENT FOR 
ITS DISCRETIONARY CLIENTS)

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

AS IN 2 ABOVE

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them




5. Number of shares / amount of stock acquired

N/A

6. Percentage of issued class

N/A

7. Number of shares / amount of stock disposed

UNKNOWN

8. Percentage of issued class

-

9. Class of security

ORDINARY 25p SHARES

10. Date of transaction

UNKNOWN


11. Date company informed

14 JULY 2003

12. Total holding following this notification

INTEREST FALLEN TO BELOW 3%

13. Total percentage holding of issued class following this notification

LESS THAN 3%

14. Any additional information


15. Name of contact and telephone number for queries

KRISTA BURWOOD - 020 7818 2966

16. Name and signature of authorised company official responsible for making
this notification

KRISTA BURWOOD, FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LIMITED

SECRETARY

Date of notification

14 JULY 2003

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