PipeHawk Regulatory News (PIP)

3 May 2006 13:55

SCHEDULE 11 NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS 1. Name of companyPipeHawk plc 2. Name of directorRobert MacDonnell 3. Please state whether notification indicates that it is in respect of holdingof the shareholder named in 2 above or in respect of a non-beneficial interestor in the case of an individual holder if it is a holding of that person'sspouse or children under the age of 18 or in respect of a non-beneficialinterestDirector named in 2 above 4. Name of the registered holder(s) and, if more than one holder, the number ofshares held by each of them (if notified)5. Please state whether notification relates to a person(s) connected with thedirector named in 2 above and identify the connected person(s)6. Please state the nature of the transaction. For PEP transactions pleaseindicate whether general/single co PEP and if discretionary/non discretionary7. Number of shares / amount of stock acquired8. Percentage of issued class9. Number of shares/amount of stock disposed10. Percentage of issued class11. Class of security12. Price per share13. Date of transaction14. Date company informed15. Total holding following this notification16. Total percentage holding of issued class following this notificationIf a director has been granted options by the company please complete thefollowing boxes.17. Date of grant2 May 2006 18. Period during which or date on which exercisable2 May 2009 to 2 May 2016 19. Total amount paid (if any) for grant of the optionNil 20. Description of shares or debentures involved: class, number100,000 Ordinary Shares 21. Exercise price (if fixed at time of grant) or indication that price is tobe fixed at time of exercise24p 22. Total number of shares or debentures over which options held following thisnotification100,000 23. Any additional information24. Name of contact and telephone number for queriesGordon Watt 01420 590990 25. Name and signature of authorised company official responsible for makingthis notificationGordon Watt Date of Notification3 May 2006 ENDPIPEHAWK PLC