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 |BROOKWELL LIMITED |
|notification obligation:(iii) | |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s) |NORTRUST NOMINEES LIMITED |
| (if different from 3.):(iv) | |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on| |
|which the threshold is crossed or |24 FEBRUARY 2011 |
|reached:(v) | |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified: |24 FEBRUARY 2011 |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or|>6% |
|reached:(vi, vii) | |
+-----------------------+--------------+-------+---------------------+---------+




+----------------------------------------------------------------------------------+
|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) | | |
+------------+---------+-----------+------------+---------+--------+------+--------+
|ORD SHARES | | | | | | | |
+------------+0 |0 |1,350,000 |1,350,000| |6.96% | |
|GB00B08S4K30| | | | | | | |
+------------+---------+-----------+------------+---------+--------+------+--------+

+----------------------------------------------------------------------------------+
|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 be |rights |
|instrument | | |acquired if the | |
| | | |instrument is | |
| | | |exercised/ | |
| | | |converted. | |
+--------------+----------+----------------------+-------------------+-------------+
|n/a | | | | |
+--------------+----------+----------------------+-------------------+-------------+

+----------------------------------------------------------------------------------+
|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 |
|n/a | | | | +-------+------+
| | | | | | | |
+-------------+--------+----------+-------------+-------------------+-------+------+

+----------------------------------------------------------------------------------+
|Total (A+B+C) |
+-----------------------------------+----------------------------------------------+
|Number of voting rights |Percentage of voting rights |
+-----------------------------------+----------------------------------------------+
|1,350,000 |6.96% |
+------------+++-------+--+-------+++-----------++--------+--------+++----+-+------+




+------------------------------------------------------------------------------+
|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: | |
+------------------------------------------------+-----------------------------+

+-----------------------------+------------------------------------------------+
| |Progressive AIM Realisation Limited is |
|13. Additional information: |Investment Manager to Brookwell Limited. |
+-----------------------------+------------------------------------------------+
|14. Contact name: |Russell Scott |



+-----------------------------+------------------------------------------------+
|15. Contact telephone number:|020 7490 4355 |
+-----------------------------+------------------------------------------------+






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Source: Northern Investors Co PLC via Thomson Reuters ONE

[HUG#1492124]


(END) Dow Jones Newswires



February 24, 2011 08:35 ET (13:35 GMT)