RNS Number:9865O
Northern European Properties Ltd
28 February 2008

                               Holding in Company


Thursday, 28 February 2008


On 27 February 2008 Northern European Properties Limited (the "Company")
received notification that Gartmore Investment Limited, as a result of a
disposal on the 22 February 2008 on behalf of funds that it manages, has an
interest in 29,378,774 shares of the Company. This represents a decrease in
interest from 10% to 6.173% 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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