Hawtin PLC

Hawtin PLC was originally founded in 1874. In its 135 year history, Hawtin developed an enviable trading reputation in activities as varied as engineering, distribution, manufacturing and property. Hawtin joined the London Stock Exchange in 1974

Over the years, Hawtin grew through various acquisitions into a group of manufacturing and distribution businesses mainly targeted at the commercial fitness and leisure markets incorporating such firms as Spaform, Certikin International and Gul International. Hawtin held a diverse portfolio of products including gym equipment, solariums, and wetsuit manufacturing as well as a handful of property investments.

The company was completely re-structured in 2002 to focus purely on property development and investment. In 2003 the company floated on the Alternative Investment Market (AIM), to allow future development for the Group under the more flexible AIM regulations.

With the purchase of Millennium Plaza in September 2006, and further acquisitions in 2007 of sites in Abercynon, Abercanaid and the Wirral, Hawtin PLC is firmly established as one of Wales leading property investment company’s, and is on track to grow further into a substantial name in the national property market.

Corporate Governance

As an AIM company, Hawtin PLC is not required to comply with the July 2003 Combined Code or make specific disclosures regarding compliance. However, the Board seeks to apply the principles of good governance that it has established over many years. The company considers that it has an effective, balanced Board which meets regularly to

- consider performance of the Group;
- deliberate on investment and strategic matters; and
- evaluate risks of the business

Corporate Responsibility Statement

Hawtin operates primarily as an investment property manager. The Board is aware that the Company has a responsibility to conduct its business and manage its assets as part of a wider business and physical environment, and endeavours to excercise its corporate repsonsibility in all areas. By pursuing the highest possible standards of corporate responsibility, the comapny will reduce risk and build strong relationships with stakeholders, which in turn will provide shareholders with a return on their investment.