Result of EGM

Northamber PLC 03 April 2008 NORTHAMBER PLC ('Northamber' or 'the Company') Result of EGM Northamber PLC announces that at the Extraordinary General Meeting that was held this morning ('EGM') the sole resolution proposed at the meeting was duly passed. The Board is pleased to announce that as a result of the EGM it can return a net amount of GBP2,938,310, or 10 pence per Existing Ordinary Share, to Shareholders that it considers to be surplus to the Company's working capital requirements. The Return of Cash is being made by means of a C Share structure, pursuant to which Shareholders will receive, following the Share Split, one New Ordinary Share and one C Share for each Existing Ordinary Share held at 5.00 p.m. on 2 April 2008. The C Shares will be acquired by Walker Crips Stockbrokers Limited ('Walker Crips') for GBP3,064,000, representing 10 pence per C Share plus certain expenses ('Expenses'). Shareholders will receive a net payment of 10 pence per C Share and the Expenses will be paid to a company within the same group as Walker Crips. It is expected that the Company will at that point enter into an option to buy back all of the C Shares for the same aggregate price as paid by Walker Crips, with the buyback being expected to complete on 11 April 2008. The expected timetable is set out below:- EXPECTED TIMETABLE OF EVENTS Date of purchase of C Shares by Walker Crips 3 April 2008 CREST accounts credited on 4 April 2008 Despatch of cheques 8 April 2008 New Ordinary Shares admitted to the Official List and dealings commence 8.00 a.m. on 4 April 2008 Date of completion of buyback of C Shares by the Company 11 April 2008 3 April 2008 Enquiries: David Phillips Tel: 020 8296 7000 Chairman Northamber plc Philip Davies/Adam Sumner Charles Stanley Securities Tel: 020 7149 6000 This information is provided by RNS The company news service from the London Stock Exchange RZM