Announcements

Northern Investors Company PLC.




TIDMNRI

+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) |
+----------------------------------------------+-------------------------------+
|
+----------------------------------------------+-------------------------------+
|1. Identity of the issuer or the underlying | |
|issuer | NORTHERN INVESTORS COMPANY PLC|
|of existing shares to which voting rights are | |
|attached:(ii) | |
+----------------------------------------------+-------------------------------+
|2 Reason for the notification (please tick the appropriate box or boxes): |
+------------------------------------------------------------------+-----------+
|An acquisition or disposal of voting rights | X |
| | |
+------------------------------------------------------------------+-----------+
|An acquisition or disposal of qualifying financial instruments | |
|which may result in the acquisition of shares already issued to | |
|which voting rights are attached | |
+------------------------------------------------------------------+-----------+
|An acquisition or disposal of instruments with similar economic | |
|effect to qualifying financial instruments | |
+------------------------------------------------------------------+-----------+
|An event changing the breakdown of voting rights | |
+-----------------------+------------------------------------------+-----------+
|Other (please specify):| | |
+-----------------------+--------------+---------------------------+-----------+
|3. Full name of person(s) subject to | |
|the | MIDDLESBROUGH BOROUGH COUNCIL|
|notification obligation:(iii) | |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s) | NORTRUST NOMINESS LTD |
| (if different from 3.):(iv) | |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on| |
|which the threshold is crossed or | 24(th) February 2011|
|reached:(v) | |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified: | 24(th) February 2011|
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or| Change in holding of more than 1% |
|reached:(vi, vii) | (above 3% threshold)|
+-----------------------+--------------+-------+-------------------+-----------+




+--------------------------------------------------------------------------------+
|8. Notified details: |
+--------------------------------------------------------------------------------+
|A: Voting rights attached to shares (viii, ix) |
+------------+---------------------+---------------------------------------------+
|Class/type |Situation previous |Resulting situation after the triggering |
|of |to the triggering |transaction |
|shares |transaction | |
| +---------+-----------+------------+----------------+---------------+
|if possible |Number |Number |Number |Number of voting|% of voting |
|using |of |of |of shares |rights |rights (x) |
|the ISIN | ares |Vo ing +------------+-------+--------+------+--------+
|CODE | |Rights |Direct |Direct |Indirect|Direct|Indirect|
| | | | |(xi) |(xii) | | |
+------------+---------+-----------+------------+-------+--------+------+--------+
|GB00B08S4K30| | | | | | | |
+------------+4575620 |4575620 |3225620 |3225620| |16.63%| |
| | | | | | | | |
+------------+---------+-----------+------------+-------+--------+------+--------+

+--------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments |
+--------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+--------------+----------+----------------------+-----------------+-------------+
|Type of |Expiration|Exercise/ |Number of voting |% of voting |
|financial |date(xiii)|Conversion Period(xiv)|rights that may |rights |
|instrument | | |be | |
| | | |acquired if the | |
| | | |instrument is | |
| | | |exercised/ | |
| | | |converted. | |
+--------------+----------+----------------------+-----------------+-------------+
| | | | | |
+--------------+----------+----------------------+-----------------+-------------+

+--------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial |
|Instruments (xv, xvi) |
+--------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+-------------+--------+----------+-------------+-----------------+--------------+
|Type of |Exercise|Expiration|Exercise/ |Number of voting |% of voting |
|financial |price |date |Conversion |rights instrument|rights (xix, |
|instrument | |(xvii) |period(xviii)|refers to |xx) |
| | | | | | |
+-------------+--------+----------+-------------+-----------------+-------+------+
| | | | | |Nominal|Delta |
| | | | | +-------+------+
| | | | | | | |
+-------------+--------+----------+-------------+-----------------+-------+------+

+--------------------------------------------------------------------------------+
|Total (A+B+C) |
+-----------------------------------+--------------------------------------------+
|Number of voting rights |Percentage of voting rights |
+-----------------------------------+--------------------------------------------+
|3225620 |16.63% |
+------------+++-------+--+-------+++-----------++------+--------+++----+-+------+




+--------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or|
|the |
|financial instruments are effectively held, if applicable:(xxi) |
+--------------------------------------------------------------------------+
| |
| n/a|
| |
+--------------------------------------------------------------------------+

+--------------------------------------------------------------------------+
|Proxy Voting: |
+-------------------------------------------------+------------------------+
|10. Name of the proxy holder: | n/a|
+-------------------------------------------------+------------------------+
|11. Number of voting rights proxy holder will | |
|cease | n/a|
|to hold: | |
+-------------------------------------------------+------------------------+
|12. Date on which proxy holder will cease to hold| n/a|
|voting rights: | |
+-------------------------------------------------+------------------------+

+-----------------------------+--------------------------------------------+
| | |
|13. Additional information: | |
+-----------------------------+--------------------------------------------+
|14. Contact name: | Andy Hill|



+-----------------------------+--------------------------------------------+
|15. Contact telephone number:| 01642 729023|
+-----------------------------+--------------------------------------------+






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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Northern Investors Co PLC via Thomson Reuters ONE

[HUG#1492123]


(END) Dow Jones Newswires



February 24, 2011 08:31 ET (13:31 GMT)