Hammond Manufacturing Company Limited Announces Financial Results for the Third Quarter Ended October 1, 2010

HAMMOND MANUFACTURING COMPANY LIMITED (TSX:HMM.A) announces financial results
for the third quarter ended October 1, 2010:




                              Nine months ending:      Three months ending: 
                              10/1/10     10/2/09       10/1/10     10/2/09 
Net Sales                $ 59,317,000 $53,216,000  $ 19,726,000 $16,499,000 
Earnings from                                                               
 operations(i)              3,111,000   1,370,000     1,262,000    (124,000)
Net Earnings                1,578,000    (113,000)      775,000    (564,000)
Earnings per share       $       0.14 $     (0.01) $       0.07 $     (0.05)
                                                                            
Shares outstanding         11,334,300  11,334,300                           
Net Book value per share $       2.43 $      2.40                           

(i) Earnings from operations is before interest, foreign exchange, equity 
and taxes



To all employees and shareholders:

The team efforts to deal with the recession are being successful and third
quarter sales increased 19.6% from the same period last year. However this was
only 3.6% over the pre-recession 2008 third quarter.


With the Canadian dollar close to par with the US dollar and signs that the
economy is slowing we have to be cautious with our outlook. We will continue to
manage conservatively.


Our focus continues to be cost reduction, customer service and product innovation.

We believe this strategy will build shareholder value and a secure company.

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.

Hammond Manufacturing (TSX:HMM.A)
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