Issue of Equity

Northern Bear Plc
04 April 2008


                               Northern Bear Plc
                       ('Northern Bear' or the 'Company')

                                Issue of Equity


Northern Bear announces that on 3 April 2008 the Company issued 12,500 ordinary
shares of 1p each in the Company ('Ordinary Shares'), pursuant to contractual
obligations for corporate finance services provided to the Company in relation
to the recent acquisition of A1 Trucks and DJ McGough announced on 2 April 2008.

Application has been made for the 12,500 new Ordinary Shares to be admitted to
trading on AIM and dealings are expected to commence on 9 April 2008.

Following the issue of these shares the Company's total outstanding issued share
capital will consist of 18,528,639 Ordinary Shares with voting rights.


Enquiries please contact:

Northern Bear Plc
Graham Forrest, Chief Executive
0191 371 2934

Strand Partners Limited
James Harris / Braden Saunders
020 7409 3494






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