Statement re Possible Offer

Northacre PLC
17 May 2007


                                 Northacre plc
                           (the 'Company' or 'Group')


                          Statement re: Possible Offer

The Company notes the recent press articles regarding the preliminary approach
as announced on 26 February 2007. The  Company confirms that, following further
recent movements in its share price, it is no longer in discussions in respect 
of an offer for all or part of the Group.

Enquiries:

Northacre PLC                    Tel: [phone]

John Hunter - Chief Executive
Manish Santilale - Finance
Director

KBC Peel Hunt Ltd (nominated     [phone]
adviser and broker)

Capel Irwin
Nicholas Marren





                      This information is provided by RNS
            The company news service from the London Stock Exchange