Director’s Shareholdings

NORTHERN PETROLEUM PLC - Director’s Shareholdings

PR Newswire

London, December 14

The Company has been informed that on 14 December Mr Derek Musgrove, theManaging Director of Northern, purchased 10,000 ordinary shares of the Companyin the market at a price of 56.925 pence per share. The shares have beenpurchased and will be held by Mr Musgrove's SIPP.

Following this acquisition, Mr Musgrove's beneficial shareholding in Northernis 1,442,260 ordinary shares, which represents 1.51 per cent of the issuedshare capital of the Company.

Following this transaction, the Directors' total beneficial shareholdings are3,614,461 ordinary shares, which represents 3.79 per cent of the issued sharecapital of the Company.

For further information please contact:

Northern Petroleum Plc Tel: +44 (0) 20 7469 2900

Derek Musgrove, Managing Director

Nick Morgan, Finance Director

Westhouse Securities (NOMAD and Broker) Tel: +44 (0) 20 7601 6100

Richard Baty / Petre Norton - Corporate Finance

Ian Napier - Corporate Broking

FTI Consulting Tel: +44 (0) 20 7831 3113

Billy Clegg / Victoria Huxster

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

Nick Rome

Notes to Editors:

Northern is a full cycle oil and gas company currently holding over 40 licencesin a number of low risk areas and is continuing with its strategy of adding andsecuring value for shareholders as it engages with projects at all stages ofthe E&P value chain.

Comprehensive information on Northern and its oil and gas operations, includingall press releases, annual reports and interim reports are available fromNorthern's website at www.northpet.com.