Result of AGM

THE INVESTMENT COMPANY PLC (the “Company”)

Result of Annual General Meeting

The Company is pleased to announce that at the Annual General Meeting held on 8 December 2016 all resolutions were passed on a show of hands, including the following resolutions:

Resolution 7 (ordinary resolution): To authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006.

Resolution 8 (special resolution): To authorise the Directors to allot ordinary shares for cash pursuant to Sections 570 and 573 of the Companies Act 2006 otherwise than in accordance with statutory pre-emption rights.

Resolution 9 (special resolution): To authorise the Directors to make market purchases of the Company’s own shares.

Resolution 10 (special resolution): To hold general meetings (other than annual general meetings) on 14 clear days’ notice.

Resolution 11 (ordinary resolution): To approve the continuation of the Company as a closed-ended investment trust in accordance with the Articles of Association.

The proxy votes received in relation to these resolutions were as follows:

Resolutions	Votes For	Votes Against	Votes at Chairman’s Discretion	Votes Withheld
Resolution 1	150,098	0	25,324	0
Resolution 2	147,205	2,893	25,324	0
Resolution 3	146,786	3,312	25,324	0
Resolution 4	132,246	37,852	5,324	0
Resolution 5	112,246	37,852	25,324	0
Resolution 6	150,098	0	25,324	0
Resolution 7	150,098	0	25,324	0
Resolution 8	146,340	3,535	25,547	0
Resolution 9	146,144	3,731	25,547	0
Resolution 10	150,098	0	25,324	0
Resolution 11	150,098	0	25,324	0

A copy of the full text of Resolutions 7 to 11 will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM