Notice of AGM

20 September 2012

Northern Bear PLC

("Northern Bear" or the "Company")

Result of AGM

The board of directors (the "Board") of Northern Bear announces that, at the annual general meeting held today at 5 Osborne Terrace, Newcastle upon Tyne, all resolutions were duly passed.

For further information contact:

Northern Bear Plc

Steve Roberts - Chief Financial Officer +44 (0) 77 1047 3125

Strand Hanson Ltd

James Harris / James Spinney +44 (0) 20 7409 3494

Seymour Pierce Ltd

David Banks / Paul Jewell / Katie Ratner +44 (0) 20 7107 8000