Transformational 2005 year continues to bear fruit in 2006

Hat Pin, the human resources group and owner of market brands Kendall Tarrant Worldwide and Saxton Bampfylde Hever, today announces preliminary results for the twelve months to 31 December 2005.

2005 Highlights:
- Turnover up 22% to 5.1m (2004: 4.2m)

- Operating profit up 30% to 758,000 (2004: 584,000)

- Final dividend up 10% to 1.1 pence per share (2004: 1 pence per share)

- Strong performance from all offices across all geographies

- 4.9m acquisition of 70% of Saxton Bampfylde Hever in mid-December

- Hat Pin Board strengthened with appointments of new Non-Executive Chairman, Finance Director and Executive Director

Current year:
- 1.18m acquisition of 100% of Stolkin & Partners in March

- Strong start made by Kendall Tarrant Worldwide and Saxton Bampfylde Hever

Commenting on the results, Angela Campbell-No, Chief Executive of Hat Pin plc said:

ì2005 has been a transformational year for Hat Pin. Kendall Tarrant had another year of consecutive organic growth in 2005 and we were delighted to complete the acquisition of 70% of Saxton Bampfylde Hever in mid-December.

ì2006 has seen strong starts from both Kendall Tarrant and Saxton Bampfylde. Additionally, earlier this month we announced the acquisition of Stolkin & Partners and its subsequent merger into Kendall Tarrant in London. The sectors our operating brands serve are generally buoyant and we will update the market further at our AGM on 10 May.î

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