Acquisition

Hunting PLC
18 August 2005



18 August 2005

                     Hunting PLC ('Hunting' or the 'Group')

                         Acquisition of Cromar Limited

Hunting PLC, the international energy services company, announces the
acquisition of Cromar Limited ('Cromar' or the 'Company') for a total
consideration of approximately £9.6 million.

Cromar specialises in providing equipment and support to well service operations
for multi-national oil and gas operators and field service companies worldwide.
Cromar employs 66 people at its operations in Aberdeen, Houston and Singapore.
The Company's turnover for the 12 months to 31 March 2005 was £10 million, with
operating profit of £1.8 million and profit before tax of £1.6 million. The
gross assets of Cromar at 31st March 2005 were £7.5 million.

The acquisition represents a further broadening of Hunting's range of service
capabilities adding new product lines such as wireline pressure control,
specialised tools and perforating equipment. The acquisition of Cromar is
expected to be immediately earnings enhancing to Hunting.

The total cash consideration for the acquisition of Cromar will amount to around
£9.6m payable in cash of which £1.5m is subject to the achievement of certain
performance targets during the 18 month period following completion.

Commenting on the acquisition, Dennis Proctor, Chief Executive of Hunting, said:
'The acquisition of Cromar gives Hunting the opportunity to add to the
significant product range and services we provide to multi-national oil and gas
operators and conforms to our proprietary, strategic, geographic and asset
synergies.'

                                    - ENDS -

Enquiries:
Hunting PLC
Dennis Proctor, Chief Executive                            001 281 820 3838
Dennis Clark, Finance Director                                020 7321 0123

Hogarth Partnership Limited
Andrew Jaques                                                 020 7357 9477
Edward Westropp

Notes to Editors:

Hunting PLC is an international energy services company providing support
solutions to multi-national oil and gas companies.






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