LOWLAND INVESTMENT COMPANY PLC

HENDERSON INVESTMENT FUNDS LIMITED

7 December 2016

LOWLAND INVESTMENT COMPANY PLC

Change to Director Information

In accordance with Listing Rule 9.6.14, Lowland Investment Company plc announces that following the reconstruction of JPMorgan Income & Growth Investment Trust plc, Mr Karl Sternberg is now a non-executive director of JPMorgan Elect plc with effect from

1 December 2016.

For further information, please call:

Wendy King

For and on behalf of

Henderson Secretarial Services Limited

Corporate Secretary to Lowland Investment Company plc

Telephone: 020 7818 4233