Litigation Settlement

23 December 2010

                                  PipeHawk Plc
                         ("PipeHawk" or the "Company")

                            Settlement of litigation

The  Company announces that pursuant ongoing claims brought by it and QM Systems
Limited  ("QM Systems"),  a wholly  owned subsidiary  of the  Company, against a
third  party, it, together  with QM Systems,  has now entered  into a settlement
agreement (the "Agreement") in respect of the claims.   Under the Agreement, the
third  party has agreed to pay to the Company and QM Systems an aggregate sum of
$975,000  ($850,000 net  cash to  the Company  after payment of unpaid costs and
$700,000  net of total costs incurred)  by 31 December 2010 in consideration for
the full release and discharge of all claims against it.

Following this settlement, the Company has no outstanding litigation.

Enquiries:


 PipeHawk Plc

 Gordon Watt (Chairman)   01252 338 959



 Merchant Securities Limited

 David Worlidge           020 7628 2200
 Simon Clements









This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Pipehawk PLC via Thomson Reuters ONE

[HUG#1475368]