Director/PDMR Shareholding - Replacement

This announcement replaces the Director/PDMR Shareholding released on the RNS system on the RNS no 7004H on Thursday 25 February at 15.23. An amendment has been made to the last paragraph, to read "purchase" instead of "sale". The full announcement text appears below.

Northacre Plc ("Company")

Directors' disclosure

The Company has been notified today that Mr Mohamed Al Rafi, Director, has purchased a total of 135,000 ordinary shares of 2.5p ("Ordinary Shares") representing 0.5 per cent of the current issued Ordinary Shares. Of this total, 108,000 ordinary shares of 2.5p ("Ordinary Shares") were purchased on 23rd February 2010 at a range of 21.85 to 28.00 pence per share representing 0.4 per cent of the current issued Ordinary Shares. A further 27,000 ordinary shares of 2.5p ("Ordinary Shares") were purchased on 24th February 2010 at a range of 24.00 to 25.70 pence per share representing 0.1 per cent of the current issued Ordinary Shares.

Following this purchase Mr Al Rafi now holds 5,645,000 Ordinary Shares representing 21.1 per cent of the issued Ordinary Shares.

25th February 2010.

Enquiries:

Northacre PLC

Klas Nilsson - Chairman

Manish Santilale - Finance Director

Tel: (020) 7349 8000

KBC Peel Hunt Ltd

Capel Irwin

Tel: (020) 7418 8900