Hunting PLC

("Hunting" or "the Company")

Half Year Results

Hunting PLC, the international energy services company today announces its Half Year Results for the six month period ended 30 June 2008.

Operational Highlights

·        Shareholder approval obtained on 26 August for the disposal of Gibson Energy  - for a total consideration of CAN$1,270m subject to adjustments

·        Hunting Energy Services division ("HES") to acquire complementary businesses as demand for products and technical expertise continues to outpace industry supply

·        Strong performance in HES' division

·        Strong order visibility in certain of HES' units into 2009

·        Other Hunting businesses remain in line with management expectations

Financial Highlights *

·        Revenue in period £201.2m (2007: £214.5m)

·        EBITDA pre-exceptional items for continuing operations increased 14% to £32.1m (2007: £28.2m)

·        Profit from continuing operations before exceptional items increased 11% to £23.9m (2007: £21.5m)

·        Basic EPS before exceptional items increased 32% in the period to 9.6p (2007: 7.3p)

·        Interim Dividend increased 14% to 2.9p (2007 :  2.55p)

(* - Stated for Hunting's Continuing Businesses, with Gibson Energy classified as a Discontinued Operation)

Commenting on the results, Dennis Proctor Chief Executive Officer of Hunting said:

"The unprecedented activity in the oil and gas industry continues to drive demand for our products and services, which is reflected in our excellent results today.  The Hunting Energy Services division is well placed to continue its growth from the Well Construction and Completion businesses as hydrocarbon exploration requires more complex and innovative solutions to secure resources and reserves.

"With the proceeds of the sale of Gibson Energy, we are confident of adding complementary and earnings enhancing businesses."

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Notes to Editors:

About Hunting PLC

Hunting PLC is an international energy services provider to the world's leading oil and gas companies in the upstream and midstream sectors. Established in 1874, it is a fully listed public company traded on the London Stock Exchange. The Company maintains a corporate office in Houston and is headquartered in London. As well as the United Kingdom, the Company has principal operations in Canada, China, France, Holland, Hong Kong, Singapore, United Arab Emirates and the United States of America.

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