NEPR Nthn. Euro.

RNS Number:2867P
Northern European Properties Ltd
04 March 2008



                               Holding in Company


Tuesday, 04 March 2008


On 28 February 2008, Northern European Properties Limited (the "Company")
received notification from Laxey Partners Limited, that as a result of an
acquisition on the 25 February 2008 for funds under its discretionary
management, held in the name of Credit Suisse Securities (Europe) Ltd Prime
Brokerage Clients, it has an interest in 39,000,000 shares of the Company. This
crosses the 3% threshold and represents 8.19% of the current 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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