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Stuart Gentle Publisher at Onrec

Positive business development and continued group expansion

Hat Pin plc today announces results for the six months to 30 June 2007

Hat Pin plc, the international human resources group operating through market-leading brands Akamai Financial, Executive Access, Saxton Bampfylde and The Talent Business, today announces results for the six months to 30 June 2007.

Interim Highlights
ï Revenue up 65% to 10.25m;
ï Normalised1 operating profit up 72% to 1.42m;
ï Normalised1 eps up 29% to 3.43p;
ï Two new offices opened: Japan (Akamai), Singapore (The Talent Business);
ï Saxton Bampfylde expanded with hiring of KPMG executive resourcing team;
ï The Talent Business created as new branding for Kendall Tarrant Worldwide.

Q3 Developments
ï 6.9m acquisition of Executive Access (India) Pvt. Ltd. on 26 July 2007;
ï Opened office in Dubai (Akamai) on 5 September 2007;
ï On track for full year expectations.

1Normalised results are used so as to provide a better indication of the financial performance of the business. Normalised operating profit and eps are calculated by adding back amortisation of intangible assets and exceptional items (and related tax).

Commenting on the half year results and the Groupís outlook, Angela Campbell-No, Chief Executive of Hat Pin plc, said:

ìIn the first six months Hat Pin has continued to develop in line with our stated strategy and the turn-of-the year momentum has been maintained.

The second half of the year will see initial revenue figures from our newly-opened Akamai offices, Executive Access and the expanded Saxton Bampfylde team, as well as our continued investment in The Talent Business.î