NEPR Nthn. Euro.

RNS Number:1396K
Northern European Properties Ltd
18 December 2007

                               Holding in Company



Monday, 17 December 2007


On 14 December 2007, Northern European Properties Limited (the "Company") was
advised by QVT Financial LP, that QVT Financial LP as investment manager for QVT
Fund LP, Quintessence Fund LP and an account managed for Deutsche Bank AG London
has an interest in 35,413,572 shares of the Company; this represents 7.44% of
the outstanding share capital of the Company.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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