Change of Accounting Reference Date

Northacre PLC

("Northacre" or the "Company")

Change of Accounting Reference Date

The Company announces that it intends to change its accounting reference date from 28 February to 31 December.

The Company will publish its audited final results for the year ended 28 February 2014 before 31 August 2014, and unaudited interim figures for the six months ended 31 August 2014 by 31 November 2014. The Company will then publish its audited final results for the ten months ended 31 December 2014 by 30 June 2014.

The Company will subsequently publish its half-yearly reports to 30 June and annual audited accounts to 31 December in accordance with the AIM Rules for Companies.

Enquiries:

Northacre PLC Tel: 020 7349 8000

Klas Nilsson (Non-Executive Chairman)

Niccolò Barattieri di San Pietro (Chief Executive Officer)

finnCap Ltd Tel: 020 7220 0500

Stuart Andrews

Henrik Persson