19 May 2017

                                     PipeHawk Plc                                  

                             ("PipeHawk" or the "Company")                         

                             Further re. Grant Application                         

    In the interim results of the Company released on 20 March 2017, the Chairman
    stated that the Company would be re-submitting its application for the Phase 2
    H2020 funding to assist with marketing and distribution of its eSafe product.
    The Company has received a further rejection of the application, with a score
    that was again marginally below the required level.  In the knowledge that the
    initial grant received in December 2015 was obtained on the third attempt, the
    Company intends to keep re-submitting applications for future rounds of funding
    until it becomes apparent that the Company has little chance of obtaining a
    grant. A further announcement will be made in due course.

    Enquiries:

    PipeHawk Plc                                                           
    Gordon Watt (Chairman)                           Tel. No. 01252 338 959
                                                                           
    Allenby Capital Limited (Nomad and                                     
    Broker)                                                                
    David Worlidge/James Thomas                      Tel. No. 020 3328 5656

    Notes to Editors

    For further information on the Company and its subsidiaries, please visit: 
    www.pipehawk.com