Share Price Movement

1 Feb 2007 12:46

Hampson Industries PLC01 February 2007 Hampson Industries PLC ("Hampson" or "the Company") Statement re Share Price Movement The Company has noted the recent weakness in its share price and is aware thatthere is still uncertainty with regard to the rate of aircraft production by itscustomer, Eclipse Aviation Corporation ("Eclipse"). While the build rate has been slower than expected due to the delay by Eclipsein obtaining Production Certification, the Company continues to feed theproduction line and is working with Eclipse to mitigate any year end impact asfar as possible. The outlook for the Company's other businesses is substantiallyunchanged from the guidance contained within the interim results, withcontinuing strong growth prospects and a number of the Company's subsidiarieswith record order books. The final outcome for the current financial year willbe dependent upon the on-going efforts with Eclipse. Despite the slower initial aircraft build rate, on 31 January 2007 the Companyreceived information from Eclipse that its latest expected production output forthe year to 31 March 2008 was in line with the Company's previous expectation. Ends. M. G. Dolan ACIS Company Secretary 1 February 2007 This information is provided by RNS The company news service from the London Stock Exchange