6 July 2009

FOR IMMEDIATE RELEASE 

Hurlingham PLC (the 'Company')

Reduction of Capital effective 24 June 2009, posting of audited financial statements for the year ended 30 September 2008 and posting of half-yearly financial report for the six months ended 31 March 2009 

Hurlingham PLC announces that on 24 June 2009, the High Court of Justice confirmed a reduction of capital of the Company by authorising the acquisition and cancellation of 100 'A' Shares of 75p each, on terms that the holder of the 'A' Shares had received in substitution and consideration for the 'A' Shares so cancelled, 330,000 5% Preference Shares of GBP1 each in the capital of Bettagrade Limited, as previously approved by the Company's shareholders in General Meeting on 2 April 2009. 

The reduction and cancellation became effective on 24 June 2009 upon registration by Companies House which occurred on 2 July 2009.

As a result of completion of the above reduction of capital, the Company has been able to finalise its audited financial statements for the year ended 30 September 2008 and its half-yearly financial report for the six months ended 31 March 2009 which were contingent on completion of this reduction of capital. Accordingly, these financial statements and the half-yearly financial report have been published today and copies of each are available on the Company's website, www.hurlinghamplc.co.uk. They are also available from the Chairman at the Company's registered office of 1 West Garden Place, Kendal Street, London W2 2AQ. 

Enquiries: 

Hurlingham Plc                             Tel: 020 7706 2121

Andrew Blurton

Arbuthnot Securities Limited        Tel: 020 7012 2000 

Tom Griffiths/Antonio Bossi 

6 July 2009

END