AGM Trading Statement

Hunting PLC
27 April 2005


27 April 2005
                                  Hunting PLC

                             AGM Trading Statement

Hunting PLC ('Hunting'), the international energy services company, will be
holding its AGM today. Richard Hunting, Chairman of Hunting, will be making the
following statement:

'The momentum that Hunting experienced in the second half of 2004 has continued
during the first quarter of 2005. When we announced our 2004 annual results on 3
March, we commented that the industry was forecasting 2005 to be the busiest
year for drilling since 1985. Indeed, current rig activity in the United States
is at its highest level for 19 years. Canada expects to set another record year
in drilling and international rig activity is up 12% year on year. Accordingly,
our order books are strong, profit margins have improved and our customers
expect strong activity levels throughout the year.

'Gibson Energy's marketing activities are benefiting from the wide differentials
between heavy and light crude prices. Its truck transportation group is enjoying
strong activity in crude and LPG hauling throughout Western Canada. Hunting
Energy's performance is driven by increased drilling activities worldwide.
Tenkay and E.A. Gibson Shipbrokers have high commodity prices and tanker rates
supporting their performance.

'We expect the improved trading conditions to continue for the remainder of 2005
and, subject to exchange rate movements, Hunting's performance for the year
should be in line with the Board's expectations. The Board continues to view the
future with confidence.'

For further information, please contact:

Hunting PLC                                       Tel: [phone]
Dennis Proctor, Chief Executive
Dennis Clark, Finance Director

Hogarth Partnership Limited                       Tel: [phone]
Andrew Jaques
Edward Westropp


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