26 October 2017

Northern Bear PLC

("Northern Bear" or the "Company")

Holdings in Company

Northern Bear was yesterday informed by Graeme Tennick that he and his wife Ann Tennick have sold their entire holding of 591,251 ordinary shares of 1 penny each in the Company ("Ordinary Shares"), which represented approximately 3.21 per cent. of the Company's currently issued share capital.

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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

**ENDS**