NTA.L Regulatory News (NTA)

28 March 2013

Northacre PLC ("Northacre")

Directorate & Corporate Change

Northacre PLC ("the Company or Group") announces that Malcolm Williams has resigned as Non-Executive Director to pursue other opportunities.

Klas Nilsson said: "On behalf of the Board, I would very much like to thank Malcolm for his valuable contribution and commitment to the development of the Group over the last years. We would like to wish him every success in the future".

The Company would like to announce that Duncan Salmon has resigned as Company Secretary. The Board is currently reviewing options for the new appointment.

Klas Nilsson said: "On behalf of the Board, our deepest thanks for the many years that Duncan initially through Campbell Hooper and now through Speechly Bircham, have rendered the Company with support, advice and contribution throughout the past 12 years''.

The Board has resolved to change Klas Nilsson's role from Executive Chairman to Non Executive Chairman, and such change is expected to implemented shortly.

Enquiries:

Northacre PLC

Ken MacRae (Chief Executive Officer & Finance Director)

Klas Nilsson (Non-Executive Chairman)

Tel: (020) 7349 8000

Daniel Stewart & Company

Antony Legge

James Thomas

Tel: (020) 7776 6550

Hudson Sandler Ltd

Michael Sandler

Tel: (020) 7796 4133