Announcements

Northern Investors Company PLC.


RNS Number:3224R
Northern Investors Co PLC
15 September 2005


15 SEPTEMBER 2005
NORTHERN INVESTORS COMPANY PLC
UNAUDITED NET ASSET VALUE AS AT 31 AUGUST 2005


Northern Investors Company PLC announces that the unaudited net asset value per
25p ordinary share at 31 August 2005 was 238.1p.

The number of ordinary shares in issue at 31 August 2005 was 19,720,940.

Net assets at 31 August 2005 comprised the following:
% of
#000 net assets

Quoted investments at market value 5,430 11.5
Unquoted investments at directors' valuation 39,287 83.7
------- ------
Total fixed asset investments 44,717 95.2
Net current assets 2,231 4.8
------- ------
Net assets 46,948 100.0
------- ------

The ten largest investments by valuation at 31 August 2005 were as follows:
% of
#000 net assets

DMN Installations 3,157 6.7
Stainton Metal Company 2,068 4.4
Longhirst Group 1,777 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 2.3
------- ------
Top ten investments 15,256 32.5
Other investments 29,461 62.7
------- ------
Total fixed asset investments 44,717 95.2
------- ------


Quoted investments are carried at mid-market value as at 31 August 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

NAVEAANSFSNSEFE