The Company has made an application for 33,373 Ordinary Shares to be admitted to trading on AIM following the exercise of 33,373 warrants. 

The warrants were granted by the Company to a provider of services in March 2005. Dealings in the new Ordinary Shares are expected to commence on 22 November 2006. 

Following the issue of these shares the Company will have 26,937,181 Ordinary Shares in issue.

For enquiries: PipeHawk plc Tel: 01420 590990 Gordon Watt (Executive Chairman) John East & Partners Limited Tel: 020 7628 2200 Simon Clements

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