Holding(s) in Company

Northacre PLC
05 January 2007


                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

NORTHACRE PLC


2. Name of shareholder having a major interest

SALSALINO INVESTMENTS LIMITED


3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

IN THE NAME OF THE SHAREHOLDER NAMED IN 2 ABOVE


4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

FITEL NOMINEES LIMITED


5. Number of shares / amount of stock acquired

2,550,000 ORDINARY SHARES


6. Percentage of issued class

11.23%


7. Number of shares / amount of stock disposed

NIL


8. Percentage of issued class

N/A


9. Class of security

ORDINARY SHARES


10. Date of transaction

3RD JANUARY 2007


11. Date company informed

4TH JANUARY 2007


12. Total holding following this notification

3,650,000 ORDINARY SHARES


13. Total percentage holding of issued class following this notification

16.07%


14. Any additional information




15. Name of contact and telephone number for queries

JOHN HUNTER, MANISH SANTILALE, 0207 349 8000


16. Name and signature of authorised company official responsible for making
this notification

JOHN HUNTER


Date of notification

5TH JANUARY 2007


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