Northern Venture Trust Regulatory News (NVT)

1.

Name of the issuer

NORTHERN VENTURE TRUST PLC

2.

State whether the notification relates to (i) a

transaction notified in accordance with DTR 3.1.2 R

; or

(ii) a disclosure made in

accordance with section 793 of the Companies Act 2006;

(i)

3. 

Name of person discharging managerial

responsibilities/director

Ross Stevenson PETERS

4.

State whether notification relates to a person

connected with a person discharging

managerial responsibilities/director named in 3

and identify the connected person

No

5.

Indicate whether the notification is in respect

of a holding of the person referred to in 3 or

4 above or in respect of a non-beneficial

interest3

AS IN 3 ABOVE

6.

Description of shares (including class),

debentures or derivatives or financial

instruments relating to shares

ORDINARY SHARES OF 25 PENCE

7.

Name of registered shareholders(s) and, if

more than one, the number of shares held by

each of them

Pershing Keen Nominees Limited

8.

State the nature of the transaction

MARKET PURCHASE

9.

Number of shares, debentures or financial

instruments relating to shares acquired

80,000

10.

Percentage of issued class acquired (treasury

shares of that class should not be taken into

account when calculating percentage)

0.21%

11.

Number of shares, debentures or financial

instruments relating to shares disposed

N/A

12.

Percentage of issued class disposed (treasury

shares of that class should not be taken into

account when calculating percentage)

N/A

13.

Price per share or value of transaction

63.00 PENCE

14.

Date and place of transaction

21 May 2008, LONDON

15.

Total holding following notification and total

percentage holding following notification

(any treasury shares should not be taken into

account when calculating percentage)

130,000 ORDINARY SHARES OF 25 PENCE, 0.34%

16.

Date issuer informed of transaction

22 May 2008

17.

Date of grant

18.

Period during which or date on which it can

be exercised

19.

Total amount paid (if any) for grant of the

option

20.

Description of shares or debentures involved

(class and number)

21.

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time

of exercise

22.

Total number of shares or debentures over

which options held following notification

23.

Any additional information

24.

Name of contact and telephone number for

queries

C D MELLOR 0191 244 6012

Name and signature of duly authorised officer of issuer responsible for making notification

CHRISTOPHER DAVID MELLOR

COMPANY SECRETARY

__________________________________________________________

Date of notification ____22 MAY 2008________________