Trading Statement

Hunting PLC 30 April 2003 TRADING STATEMENT TO BE MADE AT HUNTING PLC'S ANNUAL GENERAL MEETING WEDNESDAY, 30TH APRIL 2003 In the three months to 31st March this year, activity in Canada has been at a record level which has compensated for the still relatively low level of rig activity in the Gulf of Mexico. When announcing our Preliminary Results we commented that the Oil and Gas industry enters 2003 cautiously but with expectations that market conditions will improve from the very difficult environment during 2002 and that if current trends in activity continue, we anticipate an improved market environment during this year. This remains our view though international issues and significant changes in energy prices could impact the outturn. To-date we are in line with our internal budgeted targets. Enquiries: Dennis Proctor Telephone: 020 7321 0123 Chief Executive Dennis Clark Telephone: 020 7321 0123 Finance Director This information is provided by RNS The company news service from the London Stock Exchange

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