Holding(s) in Company

PipeHawk PLC
22 December 2003


PipeHawk PLC ('the Company')

Notification of Interest

As required by sections 198 to 202 of the Companies Act 1985 (as amended) and
rule 15 of the AIM Rules the following information falls to be disclosed:

The Company was informed on Friday 19 December 2003 by Cantor Fitzgerald Europe
that on 18 December it had acquired 650,000 ordinary shares representing 3.09%
of issued share capital of the Company.

Contacts:

Gordon Watt, Chairman, PipeHawk plc Tel: [phone]

22 December 2003



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