Hawtin PLC 13 June 2005 13 June 2005 HAWTIN PLC ("HAWTIN" OR "THE COMPANY") The Board of Hawtin announces that it is in discussions with Panther Securities PLC ("Panther"), the Company's largest shareholder holding, with associates 29.7 per cent. of the issued share capital of the Company, which may or may not lead to an offer for the Company by Panther. Shareholders are advised to take no action at this time. A further announcement will be made as soon as possible. Dealing disclosure requirements Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the 'City Code'), any person who, alone or acting together with any other person(s) pursuant to an agreement or understanding (whether formal or informal) to acquire or control relevant securities of Hawtin or Panther, owns or controls, or becomes the owner or controller, directly or indirectly, of one per cent. or more of any class of securities of Hawtin or Panther is required to disclose, by not later than 12.00 noon (London time) on the London business day following the date of the relevant transaction, dealings in such securities of that company (or in any option in respect of, or derivative referenced to, any such securities) during the period to the date on which the offer becomes or is declared unconditional as to acceptances or lapses or is otherwise withdrawn. Under the provisions of Rule 8.1 of the City Code, all dealings in relevant securities of Panther or Hawtin by any potential offeror or Hawtin or Panther, or by any of their respective 'associates' (within the meaning of the City Code) must also be disclosed. If you are in any doubt as to the application of Rule 8 to you, please contact an independent financial adviser authorised under the Financial Services and Markets Act 2000, consult the Panel's website at www.thetakeoverpanel.org.uk or contact the Panel on the telephone number +44 7638 0129; fax +44 20 7236 7013. This information is provided by RNS The company news service from the London Stock Exchange