RNS Number:4601N
Hawtin PLC
13 June 2005


13 June 2005

HAWTIN PLC ("HAWTIN" OR "THE COMPANY")

The Board of Hawtin announces that it is in discussions with Panther Securities
PLC ("Panther"), the Company's largest shareholder holding, with associates 29.7
per cent. of the issued share capital of the Company, which may or may not lead
to an offer for the Company by Panther. Shareholders are advised to take no
action at this time. A further announcement will be made as soon as possible.

Dealing disclosure requirements

Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the
'City Code'), any person who, alone or acting together with any other person(s)
pursuant to an agreement or understanding (whether formal or informal) to
acquire or control relevant securities of Hawtin or Panther, owns or
controls, or becomes the owner or controller, directly or indirectly, of one per
cent. or more of any class of securities of Hawtin or Panther is required to
disclose, by not later than 12.00 noon (London time) on the London business day
following the date of the relevant transaction, dealings in such securities of
that company (or in any option in respect of, or derivative referenced to, any
such securities) during the period to the date on which the offer becomes or is
declared unconditional as to acceptances or lapses or is otherwise withdrawn.

Under the provisions of Rule 8.1 of the City Code, all dealings in relevant 
securities of Panther or Hawtin by any potential offeror or Hawtin or Panther, 
or by any of their respective 'associates' (within the meaning of the City 
Code) must also be disclosed.

If you are in any doubt as to the application of Rule 8 to you, please contact
an independent financial adviser authorised under the Financial Services and
Markets Act 2000, consult the Panel's website at www.thetakeoverpanel.org.uk
or contact the Panel on the telephone number +44 7638 0129; fax +44 20 7236
7013.






                      This information is provided by RNS
            The company news service from the London Stock Exchange

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