Holding in Company

Lowland Investment Co PLC
6 November 2000


                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company
Lowland Investment Company plc


2) Name of shareholder having a major interest
The Equitable Life Assurance Society


3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18
as in 2) above


4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

The Equitable Life Assurance Society - 644,497
Equitable Investment Fund Managers Limited - 475,000

5) Number of shares/amount of stock acquired
n/a


6) Percentage of issued class
n/a


7) Number of shares/amount of stock disposed
n/a


8) Percentage of issued class
n/a


9) Class of security
Ordinary 25p shares


10) Date of transaction
n/a


11) Date company informed
6 November 2000


12) Total holding following this notification
1,119,497



13) Total percentage holding of issued class following this notification
5.64%


14) Any additional information
Notification arose due to a transfer of shares from the beneficial ownership
of a Unit Trust to an Open Ended Investment Company


15) Name of contact and telephone number for queries
Krista Burwood


16) Name and signature of authorised company official responsible for
making this notification

Krista Burwood, For and on behalf of Henderson Secretarial Services Limited
Date of notification 6 November 20000