Thats right Davy Jones.
I looked at the label and it says that the pre charge pressure within the tank is set to 3.5 bar. I haven't checked the pressure myself though.
I am getting water hammer in my house. All the pipes secured firmly and not moving (no pipes in attic). It always happens when I turn on the hot water. I went into my hot press and it seams to be coming either from the pipe going into the expansion tank or the hot water pipe from the water cylinder.
I read somewhere that if the expansion tank is not at the correct pressure this could cause the water hammer.