PNS Panther Securities Plc

RNS Number:0030A
Hawtin PLC
22 June 2004


Hawtin PLC (the "Company") has today been notified that its Chairman, Mr Len
Dovey has disposed of his entire beneficial interest of 11,270,912 Ordinary
Shares of the company at 13 pence per share. The purchaser isPanther Securities
PLC ("Panther"). Panther and its major shareholder, Portnard Limited,  now have
a combined holding of 21,301,312 Ordinary Shares, which represents 29.7% of the
issued Ordinary Share Capital of the Company.

MrAndrew Perloff, Chairman and Chief Executive of Panther Securities PLC has
requested representation on the Board of Hawtin which is being considered.

Mr. Len Dovey who remains very active in his various wide-ranging business
interests, has been a Director of Hawtin PLC for 33 years and been Chairman
since October 1982. The sale of his shares is part of a rationalisation of his
investments and he remains a Director and Chairman committed to the future well
being of the Group and its shareholders. Since the disposal of the Group's
manufacturing and distribution businesses, Mr. Dovey has begun the process of
gradually transferring his various duties to other members of the Board. This
process will continue for the time being.


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

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