NEPR Nthn. Euro.

RNS Number:3534J
Northern European Properties Ltd
06 December 2007


                               Holding in Company


Thursday, 6 December 2007


On 5 December 2007 Northern European Properties Limited (the "Company") received
notification that Gartmore Investment Limited, as a result of a purchase on the
28 November 2007 on behalf of funds that it manages, has an interest in
47,599,000 shares of the Company. This represents an increase in interest from
6% to 10% of the outstanding share capital of the Company.



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