Northern announces that on 13 May the Board approved the issue of 50,000 warrants to purchase 5p Ordinary Shares of the Company to the consultancy business of Birger Polkamp, a director of the Company’s wholly owned Dutch subsidiary Northern Petroleum Nederland B.V.

The above warrants are exercisable at 140.50p, the prevailing mid-market price at close of business on 12 May 2008. The new warrants are open to exercise until 30 June 2011 and have been issued as a continuation of the Board's policy of providing performance based incentives to Directors and staff.

For further information please contact:

Northern Petroleum Plc
Derek Musgrove, Managing Director
Chris Foss, Finance Director
Tel: +44(0)20 7469 2900

Bishopsgate Communications
Nick Rome / Maxine Barnes
Tel. +44(0)20 7562 3350