8 March 2017

                                     PipeHawk Plc                                  
                             ("PipeHawk" or the "Company")                         

                             Further re. Grant Application                         

    Further to the announcement on 15 December 2016, the Company announces that its
    re-submission of its application for the Phase 2 H2020 funding to assist with
    marketing and distribution of its eSafe product, which was submitted in January
    2017, was unsuccessful, with a score that was marginally below the required
    level.  In the knowledge that the initial grant received in December 2015 was
    obtained on the third attempt, the Company will be considering with its
    professional adviser whether to re-submit the application for next round of
    funding. 

    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