Holdings in Company

The Company was informed today that, on 2 September 2011, Mr. Jon Pither acquired 100,000 ordinary shares in the Company (“Ordinary Shares”), representing 0.54 per cent of the Company’s currently issued share capital. Mr. Pither is now interested in 2,834,414 Ordinary Shares representing 15.38 per cent. of the Company’s issued share capital.

 

**ENDS**

 

For further information contact:

 

Northern Bear Plc

Graham Forrest – Chief Executive Officer                     +44 (0) 77 6496 3751

 

Strand Hanson Ltd

James Harris / James Spinney                                     +44 (0) 20 7409 3494

 

Hansard Group

Adam Reynolds                                                           +44 (0) 20 7245 1100

 

Seymour Pierce Ltd

David Banks / Paul Jewell / Katie Ratner                      +44 (0) 20 7107 8000