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Hawker Pacific Aerospace, Inc.
11240 Sherman Way, Sun Valley, CA 91352 * (818) 765-6201

Hawker Pacific repairs and overhauls aircraft and helicopter landing gear, hydromechanical components and wheels, brakes and braking system components for a diverse international customer base , including commercial airlines and air cargo operators.

Primary Underwriting Group
ManagerTierPhone
Everen Securities, Inc.Lead Manager (312) 574-6859
Seidler CompaniesCo-manager (213) 623-7488

Offering Information
NASNTL:HPAC High-Tech: SIC 3728
Type of Shares:Common Shares Filing Date:11/14/97
U.S. Shares:2,766,667 Offer Date:1/29/98
Non-U.S. Shares:0 Filing Range:$8.00 - $10.00
Primary Shares:2,600,000 Offer Price:$8.00
Secondary Shares:166,667 Gross Spread:$0.56
Offering Amount: $24,900,003 Selling:$0.34
Expenses:$0 Reallowance:$0.10
Post-IPO Shares:5,822,222
Employees:234

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Troy & Gould
Bank's Law Firm: Freshman, Marantz, Orlanski, Cooper & Klein
Registrar/Transfer Agent: U. S. Stock Transfer Corporation
Auditor: Ernst & Young

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
9 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/96 9/30/97 9/30/96 9/30/97
Revenue:$39.00$30.06$29.57Assets:$39.40
Net Income:-$0.94$0.67-$1.23Curr Assets:$23.24
EPS:-$0.32$0.23-$0.42Liabilities:$35.73
Prior EPS:Curr Liab:$17.66
Cash Flow/Oper:-$0.98Equity:$3.67
Cash Flow/Fin:$1.53Cash:$0.04
Cash Flow/Inv:-$1.58Working Cap:$5.58

Use of Proceeds
The proceeds from the proposed offering will be used to finance a portion of the BA Acquisition, to repay a portion of certain indebtedness and for working capital and general corporate purposes.

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