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HAWTHORN has set itself to make a play for Jaeger O'Meara after acquiring a top-10 draft selection in an exchange of picks with St Kilda.

The deal has seen the Saints give up pick No.10 and a fourth-round pick (currently No.68), in exchange for Hawthorn's first-round pick next year and two second-round picks this year (currently 23 and 36).

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After trading away its first-round pick (No.14) for Swan Tom Mitchell on Friday, the Hawks now have another high pick as they look to broker a trade with the Suns for O'Meara.

Hawthorn list manager Graham Wright said on Friday that the former NAB AFL Rising Star winner was the only target the club was chasing after already securing Mitchell and Richmond's Ty Vickery.

"Pick 10 is a fantastic acquisition for the club and we are pleased to be able to reach a deal with St Kilda today," Wright said.

"We would like to thank them for their cooperation and professional approach in getting this deal finalised."

The move means St Kilda will not hold a first-round pick this year but hold two for 2017, in what is tipped to be a strong draft class. The Saints will also take two second-round picks into this year's draft.

The club gave away its 2017 second-round selection in a deal that netted Greater Western Sydney midfielder Jack Steele earlier on Friday.

"This deal allows us to retain a first-round draft pick, albeit for potential use in 12 months' time," Saints operating officer Ameet Bains said.

"This trade also gives us the flexibility to explore the possibility during the remainder of the trade period of coming back into the first round of 2016."