Northern Investors Company PLC.

9 MARCH 2015



Northern Investors Company PLC ("Northern Investors") announces the realisation of its investment in CloserStill Group Limited ("CloserStill"), the business-to-business media and events group, through a secondary management buy-out transaction led by Inflexion Private Equity.

Northern Investors has received cash proceeds of £3.21 million for its holding of ordinary shares, preference shares and loan notes in CloserStill.  The directors' valuation of the investment in CloserStill for the purposes of calculating the unaudited net asset value ("NAV") per share of 506.3 pence as at 28 February 2015, which was announced on 6 March 2015, was £2.91 million.

The directors consider that the overall effect of the sale, after allowing for the resulting increase in the performance incentive fee which is expected to become payable in due course to NVM Private Equity LLP, is to increase Northern Investors' NAV by approximately 3.0 pence per share, based on the 8,728,440 shares currently in issue.

For further information, please contact:

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

Stifel Nicolaus Europe Limited
Neil Winward/Mark Bloomfield/Gaudi le Roux                   020 7710 7600


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Source: Northern Investors Co PLC via Globenewswire