One man is in custody and another is on the run after a high speed pursuit at Broadmeadow early Friday.

Officers noticed a Kia Cerato suspected of being stolen from a hire car company on Lambton Road at about 2.00am.

The driver failed to stop, with the car taking off at speeds allegedly reaching 100 km/hr in a 60 km/hr zone.

The car lost control on Croudace Street, New Lambton Heights near the John Hunter Hospital and the occupants fled into bushland.

One of them, a man in 40’s, was arrested a short time later – he’s currently assisting police with their inquiries.