Redde Northgate plc has announced the transfer of 2,000,000 ordinary shares from treasury to The Northgate Employee Benefit Trust for £3.55 per share. These shares will be utilized to fulfill obligations arising from employee share plans. Following this transfer, the company now has 246,091,423 ordinary shares in issue, including 18,806,862 shares held in treasury, which do not carry any voting rights. The total number of ordinary shares, excluding treasury shares, is 227,284,561. This announcement is made in accordance with the requirement of Listing Rule 12.6.4 R.