Holding(s) in Company

PipeHawk PLC
07 January 2004


PipeHawk plc (the 'Company')


Significant shareholding



The Company was informed on 6 January 2004 by Cantor Fitzgerald Europe that on 2
January 2004 it sold 50,000 ordinary shares at a price of 29 pence per ordinary
share bringing its total holding to 600,000 ordinary shares (2.9% of the issued
share capital).  Consequently Cantor Fitzgerald Europe no longer has a
disclosable interest in the Company.



Contacts:



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


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