Change of Adviser

PipeHawk PLC
01 April 2004



                                                           For immediate release
                                                                1st April, 2004

                                  PIPEHAWK PLC
                         ('Pipehawk' or 'the Company')

                        Appointment of Nominated Adviser

Pipehawk announces that it has appointed John East & Partners Limited as its
nominated adviser with immediate effect.





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