Announcements

Northern Investors Company PLC.


RNS Number:8952U
Northern Investors Co PLC
30 November 2005


30 NOVEMBER 2005

NORTHERN INVESTORS COMPANY PLC

UNAUDITED NET ASSET VALUE AS AT 31 OCTOBER 2005


Northern Investors Company PLC announces that the unaudited net asset value per
25p ordinary share at 31 October 2005 was 241.5p. The net asset value is stated
before deducting the interim dividend of 1.8p per share in respect of the year
ending 31 March 2006 which was declared on 17 November 2005.

The number of 25p ordinary shares in issue at 31 October 2005 was 19,720,940.

Net assets at 31 October 2005 comprised the following:
% of
#000 net assets
Quoted investments at market value 4,592 9.6
Unquoted investments at directors' valuation 38,399 80.6
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Total fixed asset investments 42,991 90.2
Net current assets 4,643 9.8
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Net assets 47,634 100.0
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The ten largest investments by valuation at 31 October 2005 were as follows:
% of
#000 net assets
DMN Installations 2,832 5.9
Longhirst Group 1,777 3.7
Omnico Plastics 1,721 3.6
AFI Aerial Platforms 1,702 3.6
CGI Group 1,480 3.1
Stainton Metal Company 1,276 2.7
Weldex (International) Offshore 1,268 2.7
Crantock Bakery 1,241 2.6
IG Doors 1,185 2.5
Alaric Systems 1,175 2.5
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Top ten investments 15,657 32.9
Other investments 27,334 57.3
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Total fixed asset investments 42,991 90.2
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Quoted investments are carried at bid price as at 31 October 2005, discounted
where appropriate to reflect restrictions on sale.


Unquoted investments are carried at fair value as determined by the directors at
30 September 2005, with subsequent additions at cost. The next revaluation of
the unquoted portfolio will be carried out as at 31 March 2006 and will be
reflected in the preliminary results for the year ending 31 March 2006, which
are expected to be announced in May 2006.


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

Website: www.northerninvestors.co.uk


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