Transactions in Close Period

Lowland Investment Co PLC
04 October 2007



LOWLAND INVESTMENT COMPANY PLC


HENDERSON GLOBAL INVESTORS


4 October 2007




                       LOWLAND INVESTMENT COMPANY PLC


        Transactions in a Close Period - Listing Rule 15.5.1 (4)



Lowland Investment Company plc ('the Company') confirms that:


a)         there is no unpublished information which constitutes price sensitive
information in respect of the Company's securities;


b)         the Company's net asset value per share is calculated and announced
through a Regulated Information Service ('RIS') on a daily basis;


c)         the Company has no reason to believe that there will be any material
difference between the net asset value announced on 3 October 2007 (as at close
of business on 2 October 2007) and the financial information to be published in
the preliminary announcement of its annual results;


d)         the Company has unquoted investments, the directors' valuations of
which have been included in the net asset values published on a daily basis; and


e)         a dividend may be declared at the end of the close period but is not
expected to be price sensitive.


The Company is therefore exempt during the close period from the provisions of
the Model Code in respect of dealings by persons discharging managerial
responsibilities, purchases of its own securities and the sale of treasury
shares for cash or transfers.  If, in the period leading up to the preliminary
announcement of the results, the directors or the Company come into possession
of any inside information, this will be notified to a RIS before any such
transactions are undertaken.

The close period to which this relates is in respect of the financial year ended
30 September 2007.

                                    - ENDS -



For further information, please call:


James Henderson                                      James de Sausmarez
Fund Manager                                         Head of Investment Trusts
Lowland Investment Company plc                       Henderson Global Investors
Telephone: [phone]                             Telephone: [phone]




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