The Company has been informed that Richard Latham, Chairman of Northern, has today transferred 90,000 ordinary shares of the Company from his personal holdings to his SIPP at a price of 63.5p per share. This transfer does not alter Mr Latham’s total beneficial shareholding of 740,087 ordinary shares, which represents 1.04 per cent of the issued share capital of the Company.

For further information please contact:

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

Investec
Tel: +44 (0) 20 7597 5000
Michael Ansell / Patrick Robb

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

Buchanan Communications (Analysts)
Tel: +44 (0) 20 7466 5000
Tim Thompson / Ben Romney