Purchase of Own Securities

LOWLAND INVESTMENT COMPANY PLC
13 August 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 150,000 ordinary shares of 25p

each  in  the capital of the Company was made  today  at  a

price of 409.5p per share.



Following   the   purchase  and  cancellation,   22,050,205

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]