Director Dealing

Northern Bear announces that it has received notification that Thomas Hayes, Finance Director of the Company, purchased 50,000 ordinary shares of 1 pence each in the Company (the “Ordinary Shares”) at a price of 31.0 pence per share, on Wednesday 19 March 2014 (the “Transaction”).

Following the Transaction Mr. Hayes is now interested in 50,000 Ordinary Shares, representing approximately 0.27 per cent. of the share capital of the Company.         

For further information please contact:

Northern Bear Plc

Steve Roberts – Executive Chairman

+44 (0) 84 5680 2369

Tom Hayes –  Finance Director

+44 (0) 84 5680 2369

Strand Hanson Ltd

James Harris / James Spinney

+44 (0) 20 7409 3494