Result of AGM and Dividend Policy

Northbridge Industrial Services Plc.

("Northbridge" or the "Group")

Result of AGM and Dividend Policy

Northbridge Industrial Services plc, the industrial services and rental company, held its AGM earlier today and is pleased to report that all resolutions were duly passed.

Also at the AGM today, the Board of Northbridge confirmed their present intention, based on their current expectations of trading, of paying maintained dividends in respect of the year to 31 December 2015. This reflects the Board's confidence in the business' ability to generate strong cashflow even when net profitability is reduced. Aggregate dividends of 6.2p have been approved in respect of the year ended 31 December 2014. 

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About Northbridge:

Northbridge Industrial Services plc hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, India, Brazil, Korea and Azerbaijan, Northbridge has a global customer base. This includes utility companies, the oil and gas sector, shipping, construction and the public sector. The product range includes loadbanks, transformers, and oil tools. Northbridge was admitted to AIM in 2006 since when it has recorded increased earnings and dividends based on providing a high level of service, responsiveness and flexibility to customers. It has grown by the acquisition of companies in the UK, Dubai, Azerbaijan, Australia, Belgium, Singapore and New Zealand and through investing further in those acquired companies to make them more successful. Northbridge continues to seek suitable businesses for acquisition across the world.