HMM.A Hammond Manufacturing Company Limited

Hammond Manufacturing Company Limited (TSX:HMM.A) 



                           Twelve months ending:       Three months ending:
                           12/31/08     12/31/07      12/31/08     12/31/07
Net Sales              $ 78,160,000 $ 73,050,000   $20,641,000 $ 17,193,000
Earnings from
 operations            $  4,155,000 $  1,027,000   $ 2,740,000 $   (115,000)
Net Earnings           $  4,889,000 $    172,000   $ 2,445,000 $   (449,000)
Earnings per share     $       0.43 $       0.02   $      0.21 $      (0.04)

Average Shares
 outstanding             11,334,300   11,330,971
Net Book value per
 share                 $       2.36 $       1.93



A strengthening US dollar helped close out 2008 on a positive note. The sale of
our interest in Moloney Electric in January of 2008 combined with the collapse
of the Canadian dollar in the fourth quarter of 2008 have resulted in large one
time positive adjustments.


2008 results shown above will position our company to weather the recessionary
economy in which we now find ourselves.


As 2009 unfolds, we find our markets are slowing and we will manage for the
long-term needs of our business.


Our continued success is due to the combined outputs of many individuals. We
remain dedicated to our long-term plan of supplying high value products to a
global market from a secure and profitable organization.


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.

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