Annual Financial Report

Low & Bonar PLC

27 February 2012

Low & Bonar PLC (the "Company")

2011 Annual Financial Report and Annual General Meeting

The Company confirms that its Annual General Meeting will be held on 29 March 2012 at The Cumberland Hotel, Great Cumberland Place, London, W1C 1LZ, commencing at midday. A notice convening that meeting has today been posted to shareholders (and submitted to the National Storage Mechanism) together with a copy of the Company's Annual Report for the year ended 30 November 2011.

In accordance with section 311A of the Companies Act 2006, certain information concerning the AGM is given on the Company's website at www.lowandbonar.com.

The following documents will shortly be available for inspection on the National Storage Mechanism at www.Hemscott.com/nsm.do and copies will also be available from the Company's website at www.lowandbonar.com.

1. Report and Accounts for the year ended 30 November 2011

2. Chairman's Explanatory Letter and Notice of Annual General Meeting

3. Annual General Meeting Proxy Card

For further information, please contact:

Low & Bonar PLC

Matthew Joy, Company Secretary 020 7535 3180