Net Asset Value(s)

Lowland Investment Co PLC
12 December 2005


LOWLAND INVESTMENT COMPANY PLC

HENDERSON GLOBAL INVESTORS

12 December 2005



LOWLAND INVESTMENT COMPANY PLC

As at close of business on 9 December 2005, the unaudited net asset value per
share calculated in accordance with the AITC formula (excluding current
financial year revenue items) was 795.5p and the net asset value per share
including debt marked at fair value was 789.5p.


                                    - ENDS -



For further information, please call:

John Hilton
Investment Trust Accounting Department
Cogent Investment Operations Limited
Tel: [phone]


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