New Bank Facilities

Northern Bear Plc
06 November 2007


                                Northern Bear Plc
                                        
                       ('Northern Bear' or the 'Company')
                                         
                              New Bank Facilities

The board of the Company ('Board') is pleased to announce that Northern Bear, 
the integrated North East based building services and materials supplier, has 
entered into new banking arrangements with Yorkshire Bank which comprise available 
facilities totalling £11 million, which are being provided on more favourable 
terms than those previously available to the Company.

Since its admission to AIM on 19 December 2006, Northern Bear has completed the 
acquisitions of MGM Limited, Chirmarn Holdings Limited and Hastie Limited and the
Board remains encouraged by the increasing number of opportunities for potential 
acquisitions being presented to it.

The balance of the proceeds of the placing announced in August 2007, together with
the additional flexibility provided by the bank facilities, enables the Company to
further progress its planned corporate strategy (being the acquisition of mature,
North East based owner-managed businesses in the buildings services and materials
sector which demonstrate consistent profitability and positive operating cash flow).

End

Northern Bear Plc
Graham Forrest, Chief Executive
0191 371 2934

Strand Partners Limited
James Harris / Braden Saunders
020 7409 3494

St Helen's Capital Plc
Ruari McGirr
020 7628 5582









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