Notice of AGM

22 MAY 2009 NORTHERN INVESTORS COMPANY PLC ("the Company") ANNUAL REPORT AND NOTICE OF ANNUAL GENERAL MEETING Further to the announcement issued on 12 May 2009, the Company announces that the annual report including financial statements for the year ended 31 March 2009 and a circular to shareholders including the formal notice of the annual general meeting to be held on 24 June 2009 have today been posted to shareholders. The resolutions to be considered at the annual general meeting include the following special resolution amending the Company's constitution: "That the articles of association of the company be amended in the first sentence of Article 45.2 by deleting the date '2010' and substituting the date '2012'." As set out in the announcement of 12 May, this amendment is being proposed to adjust the timing for shareholders to vote on a resolution for the continuation of the Company. Full details are given in the circular to shareholders. In accordance with the Listing Rules, copies of the annual report and circular to shareholders have been submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility which is situated at: The Financial Services Authority 25 The North Colonnade Canary Wharf London E14 5HS Copies of the annual report and circular to shareholders are available to the public at the registered office of the company at Northumberland House, Princess Square, Newcastle upon Tyne NE1 8ER and on the NVM Private Equity Limited website, Enquiries: Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000 ---END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.