Result of Placing

Hunting PLC 18 August 2005 NOT FOR DISTRIBUTION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF IRELAND OR THE REPUBLIC OF SOUTH AFRICA. For immediate release 18 August 2005 Hunting PLC ('Hunting') Rights Issue - successful placement of the Rights Issue rump Following the announcement on 17 August 2005 regarding valid acceptances under the Rights Issue, Hunting announces that Hoare Govett has procured subscribers for the 641,258 New Ordinary Shares for which valid acceptances were not received, at a price of 270p per share. The net proceeds, after the deduction of the issue price of 180p per share and the expenses of procuring subscribers (including any related value added tax), will be paid pro rata to those persons whose rights have lapsed in accordance with the terms of the Rights Issue. Accordingly, sub-underwriters will not be required to subscribe for any New Ordinary Shares. Certain terms used in this announcement are defined and have the same meaning as in the Prospectus dated 1 July 2005. All references to time in this announcement are to London time. Enquiries: Hunting PLC Dennis Proctor 001 281 442 7382 Dennis Clark 020 7321 0123 Close Brothers 020 7655 3100 Andrew Cunningham Jack Newall Hoare Govett 020 7678 8000 Andrew Foster Bertie Whitehead The Hogarth Partnership 020 7357 9477 Andrew Jaques Edward Westropp Close Brothers Corporate Finance Limited ('Close Brothers'), which is regulated in the United Kingdom by The Financial Services Authority, is acting exclusively for Hunting and for no one else in relation to the Rights Issue and will not be responsible to anyone other than Hunting for providing the protections afforded to customers of Close Brothers or for providing advice in relation to the Rights Issue. Hoare Govett Limited ('Hoare Govett'), which is regulated in the United Kingdom by The Financial Services Authority, is acting exclusively for Hunting and for no one else in relation to the Rights Issue and will not be responsible to anyone other than Hunting for providing the protections afforded to customers of Hoare Govett or for providing advice in relation to the Rights Issue. The release, publication or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published or distributed should inform themselves about and observe such restrictions. THIS ANNOUNCEMENT DOES NOT CONSTITUTE, OR FORM PART OF, AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO SUBSCRIBE FOR OR BUY ANY SECURITIES, NOR THE SOLICITATION OF ANY VOTE OR APPROVAL IN ANY JURISDICTION, NOR SHALL THERE BE ANY SALE, ISSUE OR TRANSFER OF THE SECURITIES REFERRED TO IN THIS ANNOUNCEMENT IN ANY JURISDICTION IN CONTRAVENTION OF APPLICABLE LAW. This information is provided by RNS The company news service from the London Stock Exchange

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