Northacre Plc ('Company')

Directors' disclosure

The Company has been notified that Mr John RG Hunter, Director, has disposed of 1,500,000 ordinary shares of 2.5p ('Ordinary Shares') to MAR Investments Ltd, an investment vehicle owned by Mr Mohamed Al Rafi, Director, at 20 pence per share representing 5.6 per cent of the current issued Ordinary Shares. Following this sale Mr Hunter now holds 3,150,000 Ordinary Shares representing 11.8 per cent of the issued Ordinary Shares and MAR Investments Limited now holds 5,510,000 Ordinary Shares representing 20.6 per cent of the issued Ordinary
Shares.

25th September 2009

Enquiries:

Northacre PLC 

John Hunter  - Chief Executive

Manish Santilale - Finance Director

Tel: (020) 7349 8000

KBC Peel Hunt Ltd 

Capel Irwin 

Anthony Bell

Tel: (020) 7418 8900