Net Asset Value(s)

Trust Name

LOWLAND INVESTMENT COMPANY PLC

NAV Details

As at close of business on 28 October 2016, the unaudited net asset value per share calculated in accordance with the AIC formula (including current financial year revenue items) was 1429.8p. As the Company's shares are now ex-dividend, the dividend has been deducted from the net asset value.

As at the close of business on 28 October 2016, the unaudited net asset value per share (excluding current financial year revenue items) was 1413.1p.

For further information, please call:

Wendy King

Henderson Global Investors

Telephone: 020 7818 4233