Investor Relations


DIRECTORATE CHANGE November 2003


BOARD APPOINTMENT

The Company is pleased to announce that Mr Tony Chambers has subscribed for 750,000 PipeHawk shares at 20p each, representing 3.6% of the enlarged issued share capital and that he has accepted an offer to join the board as a non-executive director. Application will be made for the shares to be traded on AIM and admission is expected on 25 November 2003.

Commenting on the appointment, Gordon Watt, Chairman said “We are pleased to welcome Tony to the board. His experience in banking, the City and with the military will make him an asset to the Group.”

For further information, please contact:

Gordon Watt - Chairman (01420 590 990)

 
18 November 2003 Back to Investor Relations 2003