Result of AGM

Lowland Investment Co PLC
15 December 2004


LOWLAND INVESTMENT COMPANY PLC

HENDERSON GLOBAL INVESTORS

15 DECEMBER 2004



                         Lowland Investment Company plc

                         Annual General Meeting held on
                                15 December 2004


Lowland Investment Company plc announces that at the Annual General Meeting held
earlier today all resolutions proposed were duly passed, three of which were
special resolutions, including a special resolution that the Company be
generally authorised to make market purchases of its own ordinary shares up to a
maximum of 14.99% (equivalent to 3,129,030 ordinary shares) at a maximum price
per share (exclusive of expenses) not exceeding 105% of the average middle
market quotations for the five business days preceding the date of purchase.



                                   Directors

Lowland Investment Company plc announces the retirement of Ian Trotter at the
conclusion of today's Annual General Meeting.  John Hancox succeeds Ian Trotter
as Chairman with immediate effect.

Ian Trotter has served as a director since 19 November 1997 and was appointed
Chairman on 15 December 1999.  The Board would like to thank him for his
contribution over the past seven years.


                                     -ENDS-




For further information please contact:

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

Stephen Westwood
Head of Investment Trusts
Henderson Global Investors
Tel: [phone]


                      This information is provided by RNS
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