Notification of Shareholding

6 Feb 2007 12:30

For immediate release: 6 February 2007

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

The Board of Northern Petroleum Plc received notification on 5 February from Credit Suisse Securities (Europe) Limited ("CSSEL") that, as a result of disposals of ordinary shares on 1 February, CSSEL no longer has a notifiable interest in the issued ordinary share capital of the Company.

---ENDS---

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.