Hammond Manufacturing Company Limited Announces Financial Results for the First Quarter Ended March 30, 2012

HAMMOND MANUFACTURING COMPANY LIMITED (TSX:HMM.A) announces financial results for the first quarter ended March 30, 2012:


                                                Three months ending:        
                                            March 30, 2012     April 1, 2011
Net Sales                                   $   23,714,000    $   21,731,000
Earnings from operating activities(i)              803,000         1,558,000
Income for Period                                  520,000           972,000
                                                                            
Earnings per share                                                          
  Basic                                     $         0.05    $         0.09
  Diluted                                   $         0.05    $         0.09
                                                                            
(i) Earnings from operations is before interest, foreign exchange, equity 
interest, other income and taxes                                            
NOTE: The interim financial results have not been reviewed by an auditor

To all employees and shareholders:

Sales growth continues with pressures from a high Canadian dollar and a large volume of low margin work.

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.

Contacts: Hammond Manufacturing Company Limited Robert F. Hammond Chairman and CEO (519) 822-2960 (519) 822-7289 (FAX)ir@hammfg.com

Hammond Manufacturing (TSX:HMM.A)
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