Director/PDMR Shareholding

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS


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| 1.  | Name of the issuer        | 2.  | State whether the         |
|     |                           |     | notification relates to   |
|     |                           |     | (i) a                     |
|     | NORTHERN 2 VCT PLC        |     | transaction notified in   |
|     |                           |     | accordance with DTR 3.1.2 |
|     |                           |     | R                         |
|     |                           |     |                           |
|     |                           |     | ; or                      |
|     |                           |     |                           |
|     |                           |     | (ii) a disclosure made in |
|     |                           |     | accordance with section   |
|     |                           |     | 793 of the Companies Act  |
|     |                           |     | 2006;                     |
|     |                           |     |                           |
|     |                           |     |                           |
|     |                           |     | (i)                       |
|     |                           |     |                           |
|-----+---------------------------+-----+---------------------------|
| 3.  | Name of person            | 4.  | State whether             |
|     | discharging managerial    |     | notification relates to a |
|     | responsibilities/director |     | person                    |
|     |                           |     | connected with a person   |
|     | EDWARD MICHAEL PATRICK    |     | discharging               |
|     | DENNY                     |     | managerial                |
|     |                           |     | responsibilities/director |
|     |                           |     | named in 3                |
|     |                           |     | and identify the          |
|     |                           |     | connected person          |
|     |                           |     | NO                        |
|     |                           |     |                           |
|-----+---------------------------+-----+---------------------------|
| 5.  | Indicate whether the      | 6.  | Description of shares     |
|     | notification is in        |     | (including class),        |
|     | respect                   |     | debentures or derivatives |
|     | of a holding of the       |     | or financial              |
|     | person referred to in 3   |     | instruments relating to   |
|     | or                        |     | shares                    |
|     | 4 above or in respect of  |     |                           |
|     | a non-beneficial          |     | ORDINARY SHARES OF 5      |
|     | interest3                 |     | PENCE                     |
|     |                           |     |                           |
|     | AS IN 3 ABOVE             |     |                           |
|     |                           |     |                           |
|-----+---------------------------+-----+---------------------------|
| 7.  | Name of registered        | 8.  | State the nature of the   |
|     | shareholders(s) and, if   |     | transaction               |
|     | more than one, the number |     |                           |
|     | of shares held by         |     |                           |
|     | each of them              |     | MARKET PURCHASE           |
|     |                           |     |                           |
|     | EDWARD MICHAEL PATRICK    |     |                           |
|     | DENNY                     |     |                           |
|     |                           |     |                           |
|-----+---------------------------+-----+---------------------------|
| 9.  | Number of shares,         | 10. | Percentage of issued      |
|     | debentures or financial   |     | class acquired (treasury  |
|     | instruments relating to   |     | shares of that class      |
|     | shares acquired           |     | should not be taken into  |
|     |                           |     | account when calculating  |
|     | 25,000                    |     | percentage)               |
|     |                           |     |                           |
|     |                           |     | 0.04%                     |
|-----+---------------------------+-----+---------------------------|
| 11. | Number of shares,         | 12. | Percentage of issued      |
|     | debentures or financial   |     | class disposed (treasury  |
|     | instruments relating to   |     | shares of that class      |
|     | shares disposed           |     | should not be taken into  |
|     |                           |     | account when calculating  |
|     | N/A                       |     | percentage)               |
|     |                           |     |                           |
|     |                           |     | N/A                       |
|-----+---------------------------+-----+---------------------------|
| 13. | Price per share or value  | 14. | Date and place of         |
|     | of transaction            |     | transaction               |
|     | 35.0 PENCE                |     |                           |
|     |                           |     | 27 March 2009, LONDON     |
|     |                           |     |                           |
|-----+---------------------------+-----+---------------------------|
| 15. | Total holding following   | 16. | Date issuer informed of   |
|     | notification and total    |     | transaction               |
|     | percentage holding        |     |                           |
|     | following notification    |     | 27 March 2009             |
|     | (any treasury shares      |     |                           |
|     | should not be taken into  |     |                           |
|     | account when calculating  |     |                           |
|     | percentage)               |     |                           |
|     |                           |     |                           |
|     | 125,000 ORDINARY SHARES   |     |                           |
|     | OF 5 PENCE, 0.22%.        |     |                           |
|     |                           |     |                           |
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If a person discharging managerial responsibilities has been granted
options by the issuer
complete the following boxes


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| 17. | Date of grant                | 18. | Period during which or |
|     |                              |     | date on which it can   |
|     |                              |     | be exercised           |
|     |                              |     |                        |
|     |                              |     |                        |
|-----+------------------------------+-----+------------------------|
| 19. | Total amount paid (if any)   | 20. | Description of shares  |
|     | for grant of the             |     | or debentures involved |
|     | option                       |     | (class and number)     |
|     |                              |     |                        |
|     |                              |     |                        |
|-----+------------------------------+-----+------------------------|
| 21. | Exercise price (if fixed at  | 22. | Total number of shares |
|     | time of grant) or            |     | or debentures over     |
|     | indication that price is to  |     | which options held     |
|     | be fixed at the time         |     | following notification |
|     | of exercise                  |     |                        |
|     |                              |     |                        |
|     |                              |     |                        |
|-----+------------------------------+-----+------------------------|
| 23. | Any additional information   | 24. | Name of contact and    |
|     |                              |     | telephone number for   |
|     |                              |     | queries                |
|     |                              |     |                        |
|     |                              |     | C D MELLOR 0191 244    |
|     |                              |     | 6012                   |
|     |                              |     |                        |
|-------------------------------------------------------------------|
|                                                                   |
| Name and signature of duly authorised officer of issuer           |
| responsible for making notification                               |
| CHRISTOPHER DAVID MELLOR                                          |
| COMPANY SECRETARY                                                 |
| __________________________________________________________        |
|                                                                   |
| Date of notification ____30 MARCH 2009________________            |
|                                                                   |
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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.