Mr. Robert Hammond reports

HAMMOND MANUFACTURING COMPANY LIMITED ANNOUNCES FINANCIAL RESULTS FOR THIRD QUARTER ENDED SEPTEMBER 30, 2016

Hammond Manufacturing Company Ltd. has released its third quarter 2016 financial results.

                                        FINANCIAL HIGHLIGHTS

                                       Nine months ended                         Three months ended
                              Sept. 30, 2016         Oct. 2, 2015       Sept. 30, 2016         Oct. 2, 2015

Net product sales                $87,729,000          $89,450,000          $27,944,000          $29,941,000
Income from operating
activities                         1,624,000            4,850,000              188,000            1,636,000
Net income (loss) for
period                               819,000            2,470,000             (296,000)             705,000
Total comprehensive
income (loss) for the
period                              (225,000)           4,143,000              (82,000)           1,346,000
Earnings (loss) per
share
Basic                                  $0.07                $0.22               ($0.03)               $0.09
Diluted                                $0.07                $0.22               ($0.03)               $0.09

To all employees and shareholders:

The company has seen some improvement over the previous quarter in its operations as its new facility comes on-line. The markets continue to provide relatively flat activity.