Director/PDMR Shareholding

1 Mar 2007 07:00

Embargoed for release: 0700 on 1 March 2007

Northern Petroleum Plc ("the Company") Director's Shareholdings

The Company has been informed that Richard Latham, Chairman of Northern, yesterday transferred 50,087 ordinary shares of the Company from his personal holdings to his SIPP at a price of 95.50p per share, being the prevailing mid market price at close of business. This transfer does not alter Mr Latham's total beneficial shareholding of 725,087 ordinary shares, which represents 1.03 per cent of the issued share capital of the Company.

-Ends-

For further information please contact:

Northern Petroleum Plc Tel: +44 (0) 20 7743 6080

Chris Foss, Finance Director

Bishopsgate Communications Limited Tel: +44 (0) 20 7562 3350

Nick Rome / Maxine Barnes

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 and other interests in Guyane and Spain. The Company has proven and probable reserves of 60.5 million barrels of oil equivalent and is currently working towards putting its six Netherlands development assets into production with the support of Standard Bank. Further information on Northern is available at www.northpet.com.