Purchase of Own Securities

Lowland Investment Co PLC
15 December 1999


              LOWLAND INVESTMENT COMPANY PLC

          Market Purchase of Company's Own Shares
                             
Notification  is  given  that  pursuant  to  the  authority
granted  at an Extraordinary General Meeting on 18 December
1998  to make market purchases of the Company's own  shares
of 25p, a market purchase of 109,000 ordinary shares of 25p
each in the capital of the Company was made yesterday at  a
price of 375p per share.

Following   the   purchase  and  cancellation,   21,115,205
ordinary shares of 25p will be in issue.
                             
                             
For further information please contact :

James Henderson/Norman Brown
Lowland Investment Company plc
Telephone : [phone]

Vicki Staveacre
Henderson Press Office
Telephone: [phone]