Announcements

Northern Investors Company PLC.


RNS Number:1135T
Northern Investors Co PLC
16 March 2007

16 MARCH 2007

NORTHERN INVESTORS COMPANY PLC

UNAUDITED NET ASSET VALUE AS AT 28 FEBRUARY 2007


Northern Investors Company PLC announces that the unaudited net asset value per
25p ordinary share at 28 February 2007 was 258.0p.

The number of ordinary shares in issue at 28 February 2007 was 19,720,940.

Net assets at 28 February 2007 comprised the following:
% of
#000 net assets
Unquoted investments at fair value
as determined by the directors 39,694 78.0
Quoted investments at bid price 2,108 4.2
------------ -----------
Total fixed asset investments 41,802 82.2
Net current assets 9,078 17.8
------------ -----------
Net assets 50,880 100.0
------------ -----------

The ten largest investments by valuation at 28 February 2007 were as follows:
% of
#000 net assets
John Laing Partnership 4,076 8.0
Product Support (Holdings) 3,703 7.3
CGI Group 2,428 4.8
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 2.9
Weldex (International) Offshore 1,291 2.5
Alaric Systems 1,175 2.3
------------ -----------
Top ten investments 21,041 41.4
Other investments 20,761 40.8
------------ -----------
Total fixed asset investments 41,802 82.2
------------ -----------


Quoted investments are carried at bid price as at 28 February 2007. 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, NVM Private Equity Limited - 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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