Change of Broker

1 August 2007

                                 PipeHawk Plc                                  

                         ("PipeHawk"or "the Company")                          

                               Change of Broker                                

PipeHawk plc is pleased to announce the appointment of JMFinn Capital Markets
Ltd as its broker with immediate effect.

This change follows the transfer by J. M. Finn & Co. Ltd of its corporate
advisory and broking business to its subsidiary JMFinn Capital Markets Ltd.

PipeHawk Plc                                                     01420 590990
                                                                             
Gordon Watt (Chairman)                                                       
                                                                             
John East & Partners Limited(Nomad)                             020 7628 2200
                                                                             
Simon Clements                                                               
                                                                             
JMFinn Capital Markets Ltd (Broker)                             020 7600 1658
                                                                             
Sam Smith