Holding in Company

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Holding in Company

RNS Number:2871P
Northern European Properties Ltd
04 March 2008




                               Holding in Company


Tuesday, 04 March 2008



On 03 March 2008, Northern European Properties Limited (the "Company") received
notification from Laxey Partners Limited, that as a result of an acquisition on
the 29 February 2008 for funds under its discretionary management, held in the
name of Credit Suisse Securities (Europe) Ltd Prime Brokerage Clients, it has an
interest in 52,775,000 shares of the Company. This crosses the thresholds from 8
to 11% and represents 11.09% of the current outstanding share capital of the
Company.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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