Issue of Equity

30 April 2010

                                  PipeHawk Plc
                         ("Pipehawk" or the "Company")

                         Subscription to raise £150,000

The  Company announces that it  has raised £150,000 by  way of a subscription of
3,333,334 new ordinary shares ("Ordinary Shares") ("the Subscription Shares") at
4.5p per  Subscription Share (the "Subscription  Price") with Mr Stuart Hamilton
("the Subscription"). The Subscription is conditional on admission to trading on
AIM ("Admission").

PipeHawk  intends to  use the  proceeds of  the Subscription for working capital
generally.  Following the Subscription, Mr Stuart  Hamilton will hold a total of
4,583,334 ordinary shares in the capital of the Company, equivalent to 13.88 per
cent. of the enlarged issued voting share capital of Pipehawk.

The  Subscription is conditional  upon Admission. The  Subscription Shares, when
issued  and fully  paid, will  rank equally  in all  respects with  the Ordinary
Shares,  including the  right to  receive all  dividends and other distributions
declared, made or paid after Admission.

Application  has been  made to  the London  Stock Exchange  for the admission to
trading  on  the  AIM  market  of  the  Subscription Shares. It is expected that
Admission  will become effective and dealings in such shares will commence on 7
May 2010.

Following  the  admission  of  the  Subscription  Shares,  the Company will have
33,020,515 Ordinary Shares in issue.

Enquiries:


 PipeHawk Plc

 Gordon Watt (Chairman)   01420 590 990



 Merchant John East Securities Limited

 David Worlidge           020 7628 2200
 Simon Clements




[HUG#1410263]