Result of AGM

Northacre PLC

("Northacre" or the "Company")

Result of AGM

Northacre announces that at its Annual General Meeting ("AGM") held earlier today, all resolutions put to shareholders were duly passed. Resolution 6 and 7 were withdrawn prior to the AGM.

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