Announcements

Northern Investors Company PLC.

3 July 2012

NORTHERN INVESTORS COMPANY PLC

Return of Capital

In line with the modified investment objective approved by Shareholders on 21 July 2011, Northern Investors Company PLC (the "Company") is undertaking an orderly realisation of its portfolio, with a view to realising the Company's assets in a manner that achieves a balance between an efficient return of cash to Shareholders and maximising the value of the Company's investments.

The Company announced the sale of its investment in Closerstill Holdings Limited ("Closerstill") on 29 May 2012. The Company is now proposing a further return of capital to shareholders by way of a tender offer (the "Tender Offer").  Since the approval of the modified investment objective, the Company has previously returned £12.8 million to Shareholders by way of a tender offer in December 2011, and intends to distribute a minimum of £6 million to shareholders via the Tender Offer.

Further information about the Tender Offer will be provided in due course in a circular (the "Circular") to shareholders.  It is currently intended that the Tender Offer will be completed by 31 October 2012.

Enquiries:

Nigel Guy/Christopher Mellor, Northern Investors Company PLC - 0191 244 6000

Joe Winkley/Neil Winward, Oriel Securities Limited - 0207 710 7600

Neither the contents of the NVM Private Equity Limited website nor the contents of any website accessible from hyperlinks on the NVM Private Equity Limited website (or any other website) is incorporated into, or forms part of, this announcement.

 




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Source: Northern Investors Co PLC via Thomson Reuters ONE

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