MITSUBISHI INCREASES STAKE IN NORTHERN DYNASTY TO 9.1%
February 15, 2008, Vancouver, BC - Northern Dynasty Minerals Ltd. (TSX: NDM; AMEX:
NAK) ("Northern Dynasty" or the "Company") was advised of a Rule 13d-1(c) filing made
by Mitsubishi Corporation on February 14, 2008 with the United States Securities &
Exchange Commission, whereby Mitsubishi discloses it has acquired an aggregate of
8,296,108 shares of Northern Dynasty. This brings Mitsubishi's shareholdings in Northern
Dynasty to 9.1%. The filing was authorized by Mitsubishi’s Senior Vice-President, Division
COO Non-Ferrous Metals Division.
For further information about Northern Dynasty, please visit the Company’s website at
www.northerndynasty.com or contact Investor Services at (604) 684-6365 or within North
America at 1-800-667-2114.
ON BEHALF OF THE BOARD OF DIRECTORS
Robert A. Dickinson