HAMMOND MANUFACTURING COMPANY LIMITED (TSX: HMM.A) -

                        Nine months ending:         Three months ending:
                      9/26/08         9/28/07        9/26/08       9/28/07
Net Sales        $ 57,519,000    $ 55,858,000   $ 19,035,000  $ 18,241,000
Earnings from
 operations      $  1,415,000    $  1,142,000   $    593,000  $   (190,000)
Net Earnings     $  2,444,000    $    621,000   $    306,000  $     15,000
Earnings per
 share           $       0.22    $       0.05   $       0.03  $          -

Shares
 outstanding       11,334,300      11,334,300
Net Book value
 per share       $       2.12    $       1.96

Our third quarter produced a modest profit on operations. Our markets continue to be very competitive and are softening. Recent turmoil in world markets is creating a high level of uncertainty in commodity and currency markets. We expect to see significant reduction in the demand for our products. We are fighting our competitors for sales in a weaker market with high service and cost reductions. We continue to manage conservatively.

Hammond Manufacturing Company Limited manufactures a broad range of products for the electronic and electrical products industry, including metallic and non-metallic enclosures, racks, small cases, outlet strips, surge suppressors and electronic transformers.

Contacts: Hammond Manufacturing Company Limited Robert F. Hammond Chairman and CEO (519) 822-2960 (519) 822-7289 (FAX) Email: ir@hammfg.com

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