Notification of Shareholding (Northern Petroleum)

Date : 06/05/2008 @ 3:50AM
Source : UK Regulatory (RNS and others)
Stock : Northern Petroleum Plc (NOP)
Quote : 68.0  -2.5 (-3.55%) @ 5:57AM
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Notification of Shareholding (Northern Petroleum)

    For immediate release: 5 June 2008

                            Northern Petroleum Plc                             

                         ("Northern" or "the Company")                         

                         Notification of Shareholding                          

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

Northern Petroleum Plc

2. Reason for the notification (please place an X inside the appropriate
bracket/s):

An acquisition or disposal of voting rights: ( X )

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: ( )

An event changing the breakdown of voting rights: ( )

Other (please specify): ( )

3. Full name of person(s) subject to the notification obligation:

Kate Elisabeth Sloane

4. Full name of shareholder(s) (if different from 3.):

5. Date of the transaction (and date on which the threshold is crossed or
reached if different):

04/06/08

6. Date on which issuer notified:

04/06/08

7. Threshold(s) that is/are crossed or reached:

3%

8. Notified details:

*****..

A: Voting rights attached to shares

Class/type of shares if    Situation previous to the Triggering transaction  
possible using the ISIN                                                      
CODE                                                                         
                                                                             
                             Number of shares       Number of voting Rights  
                                                                             
GB00B0D47T64                     400,000                    400,000          
                                                                             

Resulting situation after the triggering transaction

Class/type of      Number of shares Number of voting rights  % of voting rights
shares if possible                                                             
using the ISIN                                                                 
CODE                                                                           
                                                                               
                   Direct            Direct      Indirect     Direct  Indirect 
                                                                               
GB00B0D47T64       400,000           400,000    1,800,000     0.56%     2.54%  
                                                                               

B: Financial Instruments

Resulting situation after the triggering transaction

Type of    Expiration Date Exercise/         Number of voting    % of voting   
financial                  Conversion Period rights that may be  rights        
instrument                 / Date            acquired if the                   
                                             instrument is                     
                                             exercised/                        
                                             converted.                        
                                                                               

Total (A+B)

Number of voting       % of voting rights   
rights                                      
                       3.10                 
2,200,000                                   
                                            

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

Mrs Sloane's husband holds 1,800,000 NOP shares. Combined with Mrs Sloane's
holding of 400,000, Mrs Sloane now has a combined holding of 3.10% of the
voting rights in NOP.

Proxy Voting:

10. Name of the proxy holder:

*****..

11. Number of voting rights proxy holder will cease to hold:

*****..

12. Date on which proxy holder will cease to hold voting rights:

*****..

13. Additional information:

*****..

14. Contact name:

Chris Foss, Finance Director

15. Contact telephone number:

020 7469 2900

                                  ---ENDS---                                   

Notes to Editors:

Further information on Northern is available at www.northpet.com



END


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