Northern Inv. Co PLC – Net Asset Value(s)

RNS Number:5793M
Northern Investors Co PLC
23 November 2006

23 NOVEMBER 2006

NORTHERN INVESTORS COMPANY PLC

UNAUDITED NET ASSET VALUE AS AT 31 OCTOBER 2006

Northern Investors Company PLC announces that the unaudited net asset value per
25p ordinary share at 31 October 2006 was 260.3p.

The number of 25p ordinary shares in issue at 31 October 2006 was 19,720,940.

Net assets at 31 October 2006 comprised the following:
% of
#000 net assets
Unquoted investments at fair value
as determined by the directors 38,560 75.1
Quoted investments at bid price 3,036 5.9
———— ———–
Total fixed asset investments 41,596 81.0
Net current assets 9,730 19.0
———— ———–
Net assets 51,326 100.0
———— ———–

The ten largest investments by valuation at 31 October 2006 were as follows:
% of
#000 net assets
John Laing Partnership 4,076 7.9
CGI Group 2,428 4.7
Longhirst Group 1,834 3.6
Nightingales Holdings 1,737 3.4
DMN 1,720 3.4
IG Doors 1,620 3.2
Envirotec 1,457 2.8
Union Snack 1,294 2.5
Weldex (International) Offshore 1,291 2.5
Alaric Systems 1,175 2.3
———— ———–
Top ten investments 18,632 36.3
Other investments 22,964 44.7
———— ———–
Total fixed asset investments 41,596 81.0
———— ———–

Quoted investments are carried at bid price as at 31 October 2006. Unquoted
investments are carried at fair value as determined by the directors. The next
revaluation of the unquoted portfolio will be carried out as at 31 March 2007
and will be reflected in the preliminary results for the year ending 31 March
2007, which are expected to be announced in May 2007.

Enquiries:

Alastair Conn/Christopher Mellor, Northern Investors Company PLC – 0191 244 6000

Website: www.northerninvestors.co.uk

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