Hammond Manufacturing Company Limited (TSX:HMM.A) - 



                              Six months ending:       Three months ending:
                              6/27/08      6/29/07      6/27/08      6/29/07
Net Sales                $ 38,484,000 $ 37,617,000 $ 19,976,000 $ 19,358,000
Earnings from operations $    822,000 $  1,332,000 $    440,000 $    985,000
Net Earnings             $  2,138,000 $    606,000 $    104,000 $    432,000
Earnings per share       $       0.19 $       0.05 $       0.01 $       0.04

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




Our second quarter continued to provide modest returns as the Canadian dollar
remained close to par with the US$. We are managing with a focus on cost
reduction and an aggressive pursuit of sales opportunities in our global
markets. Gross margins remained consistent at approx. 26% as we balance pricing
with increases in steel and other raw materials.


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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