Announcements

Northern Investors Company PLC.


RNS Number:8854I
Northern Investors Co PLC
13 September 2006


13 SEPTEMBER 2006

NORTHERN INVESTORS COMPANY PLC

UNAUDITED NET ASSET VALUE AS AT 31 AUGUST 2006


Northern Investors Company PLC announces that the unaudited net asset value per
25p ordinary share at 31 August 2006 was 250.1p.

The number of 25p ordinary shares in issue at 31 August 2006 was 19,720,940.

Net assets at 31 August 2006 comprised the following:
% of
#000 net assets
Unquoted investments at fair value
as determined by the directors 40,679 82.5
Quoted investments at bid price 3,389 6.9
------- ------
Total fixed asset investments 44,068 89.4
Net current assets 5,253 10.6
------- ------
Net assets 49,321 100.0
------- ------

The ten largest investments by valuation at 31 August 2006 were as follows:
% of
#000 net assets
AFI Aerial Platforms 3,690 7.5
John Laing Partnership 2,412 4.9
CGI Group 1,985 4.0
DMN 1,913 3.9
Nightingales Holdings 1,737 3.5
Longhirst Group 1,594 3.2
IG Doors 1,594 3.2
Envirotec 1,454 2.9
Crantock Bakery 1,284 2.6
Stainton Metal Company 1,270 2.6
------- ------
Top ten investments 18,933 38.3
Other investments 25,135 51.1
------- ------
Total fixed asset investments 44,068 89.4
------- ------


Quoted investments are carried at bid price as at 31 August 2006. Unquoted
investments are carried at fair value as determined by the directors. The
investment in AFI Aerial Platforms is shown at a value equivalent to the
proceeds of the subsequent sale of the holding for cash, as announced on 12
September 2006. The next revaluation of the unquoted portfolio will be carried
out as at 30 September 2006 and will be reflected in the unaudited interim
results for the six months ending 30 September 2006, which are expected to be
announced in November 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
END

NAVGUUGGBUPQGGW