Post Annual General Meeting Announcement

Lowland Investment Co PLC
15 December 1999


              LOWLAND INVESTMENT COMPANY PLC

         Post Annual General Meeting Announcement
                             
                             
At  the  Company's Annual General Meeting  held  today  all

resolutions  proposed  were  passed  including  a   special

resolution giving the authority to make market purchases up

to  a  maximum  of 3,202,644 of the Company's own  ordinary

shares,  at  a  maximum  price  per  share  (exclusive   of

expenses)  not exceeding 105% of the average middle  market

quotations for the five business days preceding the date of

purchases.                          
                             
                             
For further information please contact :

James Henderson
Lowland Investment Company plc
Telephone : [phone]