Announcements

Northern Investors Company PLC.


RNS Number:9693P
Northern Investors Co PLC
10 August 2005

10 AUGUST 2005

NORTHERN INVESTORS COMPANY PLC

UNAUDITED NET ASSET VALUE AS AT 31 JULY 2005


Northern Investors Company PLC announces that the unaudited net asset value per
25p ordinary share at 31 July 2005 was 238.0p.

Following the sub-division of the company's ordinary shares of #1 into new
ordinary shares of 25p, which took effect on 7 July 2005, the issued share
capital of the company at 31 July 2005 comprised 19,720,940 ordinary shares of
25p.

Net assets at 31 July 2005 comprised the following:
% of
#000 net assets
Quoted investments at market value 5,863 12.5
Unquoted investments at directors' valuation 38,327 81.7
------- ------
Total fixed asset investments 44,190 94.2
Net current assets 2,746 5.8
------- ------
Net assets 46,936 100.0
------- ------

The ten largest investments by valuation at 31 July 2005 were as follows:
% of
#000 net assets
DMN Installations 3,157 6.7
Stainton Metal Company 2,068 4.4
Longhirst Group 1,770 3.8
Arrow Industrial Group 1,393 3.0
IG Doors 1,185 2.5
CGI Group 1,161 2.5
VPTA 1,159 2.5
John Laing Partnership 1,125 2.4
Omnico Plastics 1,124 2.4
SMS Agencies 1,107 2.4
------- ------
Top ten investments 15,249 32.6
Other investments 28,941 61.6
------- ------
Total fixed asset investments 44,190 94.2
------- ------


Quoted investments are carried at mid-market value as at 31 July 2005,
discounted where appropriate to reflect restrictions on sale.


Unquoted investments are carried at fair value as determined by the directors at
31 March 2005, with subsequent additions at cost. The next revaluation of the
unquoted portfolio will be carried out as at 30 September 2005 and will be
reflected in the interim results for the six months ending 30 September 2005,
which are expected to be announced in November 2005.


Enquiries:

Alastair Conn/Christopher Mellor, Northern Investors Company PLC - 0191 244 6000

Website: www.nvm.co.uk


This information is provided by RNS
The company news service from the London Stock Exchange
END

NAVGUUWURUPAGQU