Hamworthy plc

Hamworthy plc

November 14, 2005 02:05 ET

Hamworthy Receives a Further Order From Hyundai Heavy Industries for a LPG Reliquefaction Package

LONDON, UNITED KINGDOM--(CCNMatthews - Nov. 14, 2005) - Hamworthy plc (LSE:HMY), a world leader in the design and manufacture of innovative marine and offshore fluid handling systems, has won a further order at Hyundai Heavy Industries (HHI) to supply a liquefied petroleum gas (LPG) reliquefaction package to three very large gas carriers (VLGC). The contract has a value in excess of Pounds Sterling 12 million and includes all cargo related engineering and equipment.

The ships will be constructed at HHI in Ulsan, Korea for delivery to Greek based Consolidated Marine Management Inc (CMM). The Hamworthy LPG plants are expected to be delivered to HHI during 2007 and 2008.

Kelvyn Derrick, Chief Executive of Hamworthy plc, said: "Having won our first LPG cargo handling package at HHI only two months ago, we are delighted to have a further order for three shipsets bringing the total to five. As mentioned in our announcement of 28 September 2005, HHI is the largest ship builder worldwide and is also the largest builder of LPG ships. We are very pleased to be working with HHI on projects for two different ship owners and look forward to strengthening the relationship."

For further information:

Hamworthy plc
Kelvyn Derrick, Chief Executive Tel: +44 (0) 1202 662 600
Paul Crompton, Finance Director Tel: +44 (0) 1202 662 600

Media enquiries:

Henry Harrison-Topham / Katherine Murphy Tel: +44 (0) 20 7398 7700
henry.ht@abchurch-group.com www.abchurch-group.com

Notes to editors

Hamworthy plc

Hamworthy specialises in the design and manufacture of innovative marine fluid handling systems focused on gas handling, pumping and wastewater management. The products address all types of merchant and naval vessels and offshore applications and the Group has a reputation for producing technically advanced, reliable and environmentally sound solutions.

The Hamworthy business was founded in 1911 and has an established name in the world marine engineering business. With its headquarters in the UK, manufacturing and engineering sites in five countries and a presence in 50, the Company has established a leading global position in the consolidating marine technologies market.

Further information on Hamworthy plc can be found at www.hamworthy.com.

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