New order update and posting of accounts

24 July 2013

Hayward Tyler Group plc

("Hayward Tyler", the "Group" or the "Company")

New order update and posting of accounts

Hayward Tyler Group plc (AIM: HAYT.L), the specialist engineering group, is pleased to announce that the strong momentum of new order volumes of the final quarter of the 15 month period ending 31 March 2013 has continued into the first quarter of the current financial year. New orders booked in the 1 April - 30 June 2013 period were 42% ahead of the same period last year, at £13.9 million.

Nuclear and power generation aftermarket orders have continued to grow since the start of the new financial period. In addition, the Company is pleased to report that as a result of closer collaboration between its North American and Chinese operations, the Company has secured its first order for several mission critical canned motor pumps for use in the important chemical manufacturing industry in China.

Separately, the Company is particularly pleased to have won a further order in the oil and gas sector, given the renewed investment anticipated by the oil majors in North Sea exploration. This investment follows clarification by the UK Government, in the last Budget, as to how the decommissioning of rigs at abandoned wells in the North Sea would be treated for tax purposes. It is widely recognised that previous uncertainty on the matter had been holding back investment by the oil majors into deeper sea exploration on the UK's Continental Shelf.

The Company also continues to see on-going benefits being delivered from its Continuous Improvement programme at Hayward Tyler's main manufacturing facility in Luton. Recently the Company received a Certificate of Achievement from Rolls Royce under Rolls Royce's Nuclear Quality Improvements Awards programme 2013 in recognition of "The Transformation within Hayward Tyler - Focus on the Basics". Since the building of the first civil nuclear power station in 1956 Hayward Tyler's Luton facility has been designing and supplying nuclear related applications in the UK and Scandinavia.

Ewan Lloyd-Baker, CEO of Hayward Tyler, commented:

"We are encouraged that the momentum in the business that we demonstrated in the final quarter of the 15 month period ending 31 March 2013 has continued into the current financial year. This is allowing us to reach strategically into complementary markets whilst maintaining growth in our core sectors, and is enabling us to continue to invest in our long-term talent pool through Hayward Tyler's graduate recruitment and apprenticeship initiatives. We are, encouraged with the progress being made by the Group which gives us confidence in meeting our expectations for the current financial year."

The Company's Report and Accounts for the 15 month period to 31 March 2013 are now available to download at the Company's website, www.haywardtyler.com/investors.

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