Holding in Company

Lowland Investment Co PLC
30 March 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company
LOWLAND INVESTMENT COMPANY


2) Name of shareholder having a major interest
HALIFAX GROUP PLC AND ITS SUBSIDIARIES


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



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
UNKNOWN



8) Percentage of issued class
-


9) Class of security
ORDINARY 25p SHARES


10) Date of transaction
UNKNOWN


11) Date company informed
30 MARCH 2001


12) Total holding following this notification
NOT NOTIFIABLE



13) Total percentage holding of issued class following this notification



14) Any additional information
HALIFAX GROUP AND ITS SUBSIDIARIES NO LONGER HAVE A NOTIFIABLE HOLDING IN THE
COMPANY


15) Name of contact and telephone number for queries
KRISTA BURWOOD - 020 7410 2966


16) Name and signature of authorised company official responsible for
making this notification
KRISTA BURWOOD, FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LIMITED

SECRETARY

Date of notification 30 MARCH 2001