Holding(s) in Company

Northacre PLC

("Northacre" or the "Company")

Holdings in Company

The Company announces that, following completion of the Company's Open Offer and Placing, the Company has been informed that Spadille Limited is now interested in 29,143,060 ordinary shares of the Company, representing 68.8 per cent. of its issued share capital and voting rights.

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