Portfolio Update

Lowland Investment Co PLC
02 October 2007

LOWLAND INVESTMENT COMPANY PLC



HENDERSON GLOBAL INVESTORS



2 October 2007









                         LOWLAND INVESTMENT COMPANY PLC



                            Listing Rule 15.4.11 (2)











In accordance with paragraph 15.4.11 (2) of the Listing Rules, Lowland
Investment Company plc announces its ten largest investments as at 30 September
2007. There are no holdings with a value greater than 5% of gross assets.


Company
BP
Royal Dutch Shell
Senior
HSBC
UK Treasury 5%
UK Treasury 7.25%
Vodafone
GlaxoSmithKline
Renold
Carclo





                                    - ENDS -





For further information, please call:



James Henderson

Fund Manager

Lowland Investment Company plc

Telephone: [phone]



James de Sausmarez

Head of Investment Trusts

Henderson Global Investors

Telephone: [phone]






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