Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of Hawk Corporation (“Hawk” or the “Company”) (AMEX:HWK) related to the Company’s agreement to be acquired by Carlisle Companies Incorporated (“Carlisle Companies”). The proposed all-cash transaction is valued at approximately $413 million.

Under the terms of the definitive agreement entered into by the parties, Carlisle Companies will acquire all of the outstanding shares of Hawk for $50.00 per share in cash. The transaction is structured as a cash tender offer to be followed as soon as possible by a merger. The tender offer is expected to commence in October and be completed by year-end 2010. Hawk’s CEO/Chairman and certain of its directors, who collectively hold approximately 34% of the Company’s outstanding common stock, have entered into agreements with Carlisle Companies to tender their shares in the offer. If the transaction is completed, Hawk will become part of Carlisle Industrial Brake & Friction. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the proposed transaction by Hawk’s board of directors.

If you are a shareholder of Hawk, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

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