Correction : Notification of Shareholding

18 Apr 2007 12:38

Following Northern Petroleum¢â‚¬â„¢s announcement as of 11.23am, Wednesday 18 April 2007, the issuer wishes to advise that sections 5 and 6 have been corrected to read as follows:

5. Date of the transaction (and date on which the threshold is crossed or reached if different): 16/04/07

6. Date on which issuer notified:17/04/07

The full announcement follows:

For immediate release: 18 April 2007

Northern Petroleum Plc ("Northern" or "the Company") Notification of Shareholding (correction)

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Northern Petroleum Plc

2. Reason for the notification (please place an X inside the appropriate bracket/s):

An acquisition or disposal of voting rights: ( X )

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )

An event changing the breakdown of voting rights: ( )

Other (please specify): ( )

3. Full name of person(s) subject to the notification obligation:

Barclays PLC

4. Full name of shareholder(s) (if different from 3.):

Barclays Bank Trust Company Ltd

Barclays Stockbrokers Ltd

Gerrard Ltd

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

16/04/07

6. Date on which issuer notified:

17/04/07

7. Threshold(s) that is/are crossed or reached:

5% to 6%8. Notified details:¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦..

A: Voting rights attached to shares

Class/type of shares if Situation previous to the Triggering transaction possible using the ISIN CODE Number of shares Number of voting Rights GB00B0D47T64 4,183,031 4,183,031

Resulting situation after the triggering transaction

Class/type of Number of shares Number of voting rights % of voting rightsshares if possible using the ISIN CODE Direct Direct Indirect Direct Indirect GB00B0D47T64 4,226,314 0 4,226,314 0.00 6.02

B: Financial Instruments

Resulting situation after the triggering transaction

Type of Expiration Date Exercise/ Number of voting % of voting financial Conversion Period rights that may be rights instrument / Date acquired if the instrument is exercised/ converted. Total (A+B)Number of voting % of voting rights rights 6.02 4,226,314

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :

Barclays Bank Trust Company Ltd

Barclays Stockbrokers LtdGerrard LtdProxy Voting:10. Name of the proxy holder:¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦..

11. Number of voting rights proxy holder will cease to hold:

¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦..

12. Date on which proxy holder will cease to hold voting rights:

¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦..

13. Additional information:

¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦..

14. Contact name:

Chris Foss, Finance Director

15. Contact telephone number:

020 7743 6080 ---ENDS--- Notes to Editors:

Northern Petroleum Plc is an oil and gas production, development and exploration company with core interests under its management in The Netherlands, Italy and the United Kingdom. Before the Waalwijk acquisition from Wintershall Noordzee B.V. announced on 27 March 2007 which brought in further gas production, the Company had published proven and probable reserves of 56 and 4.5 million barrels of oil equivalent in the Netherlands and UK respectively and is currently working towards putting its six Netherlands oil and gas fields into production with financial support from Standard Bank. The Shell/ExxonMobil subsidiary Nederlandse Aardolie Maatschapppij B.V. participates in five of the six Netherlands fields by way of a net profits interest. Further information on Northern is available at www.northpet.com.