HTP Hat Pin

    Hat Pin,  the executive  search and  recruitment group  and owner  of
market leading brands Kendall Tarrant Worldwide and Saxton  Bampfylde
Hever, is pleased to announce the acquisition of Stolkin &  Partners,
a leading recruitment consultancy specialising in the advertising and
communications industry.

- From a maximum consideration of �1.18 million for 100% of the  issued
share capital  of  Stolkin &  Partners  Limited, Hat  Pin  is  paying
�180,000 in  equity immediately  (by the  issue of  251,749  ordinary
shares at  an issue  price  of 71.5p  each)  and the  remaining  �1.0
million will be paid in equal cash instalments, quarterly in  arrears
over three years, subject to certain revenue targets being met.   For
the 12 month period to 31 January 2006, Stolkin & Partners, with  net
assets of �220,000*, recorded a turnover of �1.04 million* and profit
before tax of �168,000*.

Highlights of  the  transaction,  which will  incorporate  Stolkin  &
Partners with Kendall Tarrant in the UK, are that it:

  * is earnings enhancing on a pre-goodwill basis;
  * augments Kendall Tarrant's pre-eminent global position in the
    advertising, marketing & communications sector; and
  * provides potential cost-saving synergies from the combined
    businesses.


The acquisition  is  in  line  with  Hat  Pin's  stated  strategy  of
complementing the Group's organic growth and underlines the company's
position  as  an  AIM-listed  consolidator  within  the   recruitment
industry.  On 28 November 2005, Hat Pin announced the acquisition  of
70% of the issued  share capital of  Saxton Bampfylde Hever  Limited,
one of the UK's most respected executive search companies for a total
consideration of �4.91 million.

Commenting on the acquisition,  Angela Campbell-No�, Chief  Executive
of Hat Pin plc, said:  "Gary has built a successful business as a key
competitor to Kendall Tarrant over the  past 4 years and we are  very
pleased to welcome him and  his strong, ambitious and well  respected
team to  Hat  Pin.   The  acquisition  reinforces  Kendall  Tarrant's
position in  its  niche  market  and is  an  important  part  of  its
succession planning strategy in the UK market in particular."

Gary Stolkin, founder  and managing  partner of  Stolkin &  Partners,
added: "This is a very interesting opportunity for all of us and I am
excited by the  prospects for the  combined Kendall Tarrant  business
going forward."

* Figures based  on unaudited  management accounts for  the 12  month
period ended 31 January 2006

For further information please contact:

+---------------------------------------------------+
| Hat Pin plc                 |                     |
|-----------------------------+---------------------|
| Angela Campbell-No�         | +44 (0)20 7907 4433 |
|-----------------------------+---------------------|
|                             |                     |
|-----------------------------+---------------------|
| Gainsborough Communications |                     |
|-----------------------------+---------------------|
| Julian Walker               | +44 (0)20 7190 1705 |
+---------------------------------------------------+



Notes to Editors

Hat Pin plc (www.hatpin.co.uk)
Hat Pin primarily operates in the  provision of human resource.   The
group  operates  through  its  subsidiary  brands,  Kendall   Tarrant
Worldwide & Saxton Bampfylde Hever (in which it acquired a 70%  stake
in December 2005):


  * Kendall Tarrant Worldwide (www.kendalltarrant.com) is the UK's
    largest and most successful advertising recruitment firm and a
    highly respected name in advertising and communications
    worldwide, with offices in London, New York, San Francisco and
    Hong Kong.
  * Saxton Bampfylde Hever (www.saxbam.com) is a premium brand within
    the executive search industry.  It has a track record of strong
    growth over nearly 20 years and the potential to expand its
    activities further.  Within the private sector, Saxton Bampfylde
    has an extensive track record in senior media, retail/consumer,
    financial services, professional services and technology
    appointments.  Within the public and not-for-profit sectors, S is
    a leading adviser on senior appointments in higher education,
    central government (including regulatory and trade body
    appointments at the interface between government and business),
    charities and the arts.


Stolkin & Partners Limited (www.stolkinpartners.com)
Stolkin & Partners is a leading recruitment consultancy  specialising
in the  advertising and  communications industry.   The  company  was
founded by Gary Stolkin with Lucy Meredith in 2002.




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