Disposal

Hunting PLC
7 June 2001

                                                               
                   HUNTING COMPLETES SALE OF IRVIN COMPANIES 

Following the announcement on 24 April 2001 of a conditional agreement to sell
the Irvin Companies (Irvin Aerospace Limited, Irvin Aerospace Inc. and Irvin
Aerospace Canada) to the Airborne Systems Division of Wardle Storeys, Hunting
PLC today announces that it has completed the sale for a cash consideration of
£17 million subject to an adjustment to reflect the actual net assets at
completion.

The sale is part of Hunting PLC's strategy to exit its Defence activities in
order to concentrate on the opportunities in its oil services businesses. 


Enquiries:

Hunting PLC                   Tel: [phone]
Ken Miller, Deputy Chairman
Dennis Clark, Finance Director

Wardle Storeys Limited        Tel: [phone]
David Wilman, Finance Director

Livingstone Guarantee plc     Tel: [phone]
Simon Cope-Thompson
Annie Liebster