Director/PDMR Shareholding

NORTHACRE PLC

ANNOUNCEMENT

02 April 2012

Director's Share Purchase

Northacre PLC announces that Ken MacRae, Finance Director, has purchased 3,000 ordinary shares of Northacre PLC.

The price paid for 1,500 shares was 87 pence per share and another 1,500 shares at 88 pence per share.

The Date of Purchase was 27 March 2012.

Ken MacRae's total holding after the Share purchase is 10,000 shares.

Enquiries:

Northacre PLC

Klas Nilsson (Chairman and Chief Executive)

Ken MacRae (Finance Director)

020 7349 8000

Hudson Sandler Ltd

Michael Sandler

020 7796 4133

Peel Hunt LLP (Nominated adviser and broker)

Capel Irwin

Harry Florry

020 7418 8000