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Northern Petroleum Plc

Northern Petroleum Plc is an EU oil company that acquires low entry cost exploration, production and development assets and is committed to adding high value to shareholders from production and asset sales.

Notification of Shareholding

13.02.04

The Board of Northern Petroleum Plc has today received notification from ISIS Asset Management plc that, as a result of a purchase on 12 February of 416,667 ordinary shares of 1p each, its client Active Capital Trust has a material interest in 10,833,334 ordinary shares (representing 5.06% of the ordinary share capital) in the Company. The notice states that the shares are registered in the name of Chase Nominees Limited.

For further details please contact:

Derek Musgrove, Managing Director
Chris Foss, Company Secretary
020 7743 6080

Chris Roberts/Ben Simons
Hansard Communications
020 7245 1100

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