Important announcement

Share scams

The Directors of HiWave Technologies PLC have recently been made aware of several of our shareholders being approached by a “US Major Corporation”.

The shareholder is asked if he is willing to sell his shares at an inflated price, and told he needs to purchase an insurance bond prior to any transaction taking place.

The Directors believe this to be a share scam and would urge our shareholders to be cautious about parting with any money.

The attached link is to the FSA website where there is considerable information relating to share scams. There is also a facility where you can report the details of any communication you have had from these potential scammers.

http://www.fsa.gov.uk/Pages/consumerinformation/scamsandswindles/index.shtml

HiWave has reported this to the FSA but are not able to stop these scammers from contacting our shareholders.