Announcements

Northern Investors Company PLC.


RNS Number:0101Q
Northern Investors Co PLC
23 January 2007

23 JANUARY 2007

NORTHERN INVESTORS COMPANY PLC

UNAUDITED NET ASSET VALUE AS AT 31 DECEMBER 2006


Northern Investors Company PLC announces that the unaudited net asset value per
25p ordinary share at 31 December 2006 was 259.7p. The net asset value is
stated before deducting the interim dividend of 2.0p per share in respect of the
year ending 31 March 2007, which was paid on 5 January 2007.

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

Net assets at 31 December 2006 comprised the following:
% of
#000 net assets
Unquoted investments at fair value
as determined by the directors 41,179 80.4
Quoted investments at bid price 2,644 5.2
------------ -----------
Total fixed asset investments 43,823 85.6
Net current assets 7,393 14.4
------------ -----------
Net assets 51,216 100.0
------------ -----------

The ten largest investments by valuation at 31 December 2006 were as follows:
% of
#000 net assets
John Laing Partnership 4,076 8.0
Product Support (Holdings) 3,703 7.2
CGI Group 2,428 4.7
Longhirst Group 1,834 3.6
Nightingales Holdings 1,737 3.4
DMN 1,720 3.4
IG Doors 1,620 3.2
Envirotec 1,457 2.8
Union Snack 1,294 2.5
Weldex (International) Offshore 1,291 2.5
------------ -----------
Top ten investments 21,160 41.3
Other investments 22,663 44.3
------------ -----------
Total fixed asset investments 43,823 85.6
------------ -----------


Quoted investments are carried at bid price as at 31 December 2006. Unquoted
investments are carried at fair value as determined by the directors. The next
revaluation of the unquoted portfolio will be carried out as at 31 March 2007
and will be reflected in the preliminary results for the year ending 31 March
2007, which are expected to be announced in May 2007.


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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