2009 Half Year Results Summary

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2 Rig Activity - 2 -

3 2009 Half Year Results Summary 2009 m 2008 m Change % Revenue % EBITDA % Profit from operations % Finance income (expense) 3.3 (2.9) Profit before tax % Effective tax rate 32% 33% Basic EPS 12.3p 9.7p +27% Interim dividend 3.5p 2.9p +21%

4 Segmental Results Revenue June 2009 Profit from Operations Margin Revenue June 2008 Profit from Operations Margin m m % m m % Hunting Energy Services Well Construction % % Well Completion % % Well Intervention % % Exploration and Production % Hunting Energy France % % % % Gibson Shipbrokers % % Field Aviation % 21.6 (0.9) % %

5 Exceptional Items June 2009 m Release of warranty provision 1.5 Additional leasehold property provision (1.5) Additional Gibson Energy sale proceeds 17.6 Gibson Energy indemnity and tax provisions (16.0) Net credit to income

6 Balance Sheet June December m m Total assets Total liabilities (258.9) (316.9) Net assets Net cash

7 Capital Expenditure June June m m Hunting Energy Services Well Construction Well Completion Well Intervention Exploration and Production Hunting Energy France Others Split: Maintenance New business

8 Cash Flow June June m m EBITDA Working Capital 24.0 (9.5) Others (4.3) 0.9 Capital expenditure - replacement (5.8) (11.3) Interest and tax (6.3) (9.3) FREE CASH FLOW Capital expenditure - growth (5.2) (4.5) Acquisitions (33.4) - Disposals Foreign Exchange (3.9) 3.8 Other 0.2 (1.0) Increase in net cash

9 Financial Highlights Profit Before Tax m Earnings Per Share p Profit From Operations m Interim Dividend p

10 2009 Half Year Results Summary Hunting PLC Global Footprint

11 Hunting Energy Services Product Platforms

12 Hunting Energy Services: Well Construction Premium Connections SEAL-LOCK WEDGE-LOCK Annular Pressure Relief System (APRS) Drilling Tools Profit from Operations Hard Banding m Mud Motors Full Year 6 mths OCTG Global Mill Sources

13 Well Construction Products Mud Motors: Hunting s mud motors decrease the time it takes to drill wells utilising state of the art technology to manage hydraulics in a means to increase drill bit speed Annular Pressure Relief System: Hunting s APRS system provides our customers with additional insurance against casing collapse and loss of well in deepwater applications

14 Well Construction Products Non-Magnetic Drill Collars: Allow directional drilling operations to have accurate information from sensors located close to the drill bit WEDGE-LOCK: Hunting s newest premium connection provides superior capabilities in deviated and directional drilling applications

15 Hunting Energy Services: Well Completion Manufacturing Completion Tools OEM Polished Bore Receptacle Premium Tubing TKC 2 Step SEAL-LOCK Thread Protection Composite Plastic Clear-Run Preserv-A-Thread Profit from Operations m Full Year 6 mths

16 Well Completion Products Completion Accessories: Hunting s global manufacturing footprint provides products and services assisting in the completion of wells Polished Boring: Hunting provides the market products which have the inside diameter bored and polished for flow maximisation in highly critical applications

17 Well Completion Products Premium Tubing: Hunting s global footprint provides the marketplace with tubing connections which have engineered gas tight seal designs Advanced Tubular Systems: Hunting provides the market with environmentally sound running and storage compounds

18 Hunting Energy Services: Well Intervention Hunting Subsea Subsea Couplings and Valves Chemical Injection Systems Pressure Control Equipment BOP Accessories Downhole Tools Slickline Wireline Print Part Profit from Operations m Full Year 6 mths

19 Well Intervention Products Pressure Control Equipment: Hunting provides the market with a highly technical and innovative line of products and services in support of wellhead control and management Downhole Tools: Hunting provides specialty tools for Slickline and Wireline applications as an OEM for major Oilfield Service companies to the global market. Specialty or print part work is provided for close tolerance highly technical manufacturing

20 Well Intervention Products: Hunting Subsea Chemical Injection System: Hunting provides a positive displacement metering system with a maximum working pressure of 17,500 PSI. This cost effective, reliable system will redefine flow measurement accuracy Specialty Valves: Hunting provides a series of highly engineered patented valves to ensure positive pressure in the umbilical line or back pressure at the blow out preventer

21 Hunting Subsea

22 Hunting Energy Services Hunting Subsea Chemical Injection Systems Hydraulic Valves Capitalise on Premium Connection Position Expand Global Footprint Acquisitions which Compliment Existing Operations and Products

23 Acquisitions Update HMIT has removed time limit for reinvestment Two acquisitions completed in the period NCC for $53.8 million PT SMB Industri for $10.7 million Target A - Steel Processing : In process Target B - Intervention/Rental Products : Dropped Good pipeline of companies still being assessed

24 Pacific Rim Supply Chain

25 Chrome Supply Chain

26 Middle East Supply Chain

27 Alloy Supply Chain

28 Alloy Supply Chain

29 Capital Expenditures Houma, Louisiana Mega Center Cost : $50 million SQ/FT : 290,000 Completion Date : 2011 Casper, Wyoming Cost : $9 million SQ/FT : 60,000 Completion Date : Q Conroe, Texas Cost : $4.5 million SQ/FT : 36,000 Completion Date : Q

30 Capital Expenditures (continued) Houston, Texas (Rankin Expansion) Cost : $5 million SQ/FT : 15,000 Completion Date : Q Aberdeen, Scotland Cost : $30 million Operational Development Completion Date : Q Shanghai, China Cost : $10 million SQ/FT : 260,000 Completion Date: Q

31 Operational / Acquisition Strategy Technology R & D Proprietary Products Product offering Footprint Global Footprint Pricing Leverage Market share strength Integrate New business Synergies Products Services Customers

32 $MM or Km of SPU No. Subsea Trees Offshore Capital Spending Onstream Year $MM - subsea production umbilicals installed $MM - subsea manifolds Source: Quest Offshore $MM - tree control pkg (flying leads, jumper, MCS, HPU, UTA, J-Plate) No. subsea trees (well completions) by onstream year $MM - subsea trees & control pod: (chokes, sensor pkg.) Km - subsea production umbilicals installed

33 Gibson Shipbrokers Well placed for global economic recovery with growing pressure in Asia-Pacific Region Maintains agility to tailor staffing expertise to anticipated market demand m Full Year 6 mths Profit from Operations

34 Hunting Energy France Maintained profits despite difficult trading conditions Continued development of product range and software enhancements m Full Year 6 mths Profit from Operations

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