22nd Jan 2008 07:00
Hampson Industries PLC22 January 2008 Hampson Industries PLC Settlement of Dispute Hampson industries PLC, the international aerospace and precision engineeringgroup ("Hampson" or "the Group"), announces that its subsidiary, HampsonAerospace Inc, has reached a full and final settlement of all outstanding claimsand disputes with its customer, Eclipse Aviation Corporation. The settlementwill result in the dismissal of all claims and actions previously filed inlitigation and arbitration. An update on current trading will be provided with the Group's third quarterlyInterim Management Statement which will be published on or around 15 February,2008. M. G. DolanCompany Secretary Brierley Hill22 January 2008 Ends Further information: Kim Ward, Chief Executive +44 (0)1384 472941 Howard Kimberley, Finance Director +44 (0)1384 472946 Jonathan Gollins/Marylene Guernier, M:Comunications +44 (0)207 153 1269 About Hampson: Hampson Industries PLC is listed on the main market of the London Stock Exchange(Symbol: HAMP). The Group's operations are structured into three segments,operating from 14 manufacturing facilities spanning three continents. Throughits international operations, the Group provides leading-edge, fully-integratedengineering and manufacturing solutions for: * Advanced aero structural components and assemblies * Performance-critical components for gas turbine engines * Close tolerance components & rotating assemblies for automotive turbochargers * Precision tooling systems for large, composite aero structures Approximately 85% of the Group's sales are derived from its aerospaceactivities, the balance from the manufacture of high precision components andassemblies for automotive turbo chargers. The Hampson group employs over 1,700 people worldwide. For more information onHampson: www.hampsongroup.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
HAMP.L