19th Jul 2005 11:30
Babcock International Group PLC19 July 2005 Date: 19 July 2005 Contacts: Gordon Campbell/Peter Rogers Andrew Lorenz/Richard MountainBabcock International Group PLC Financial DynamicsTelephone: +44 (0)20 7291 5000 Telephone: +44 (0)20 7269 7291 BABCOCK INTERNATIONAL GROUP PLC CHAIRMAN OF REMUNERATION COMMITTEE Babcock announces that, with effect from today, Dipesh Shah, an independentnon-executive director, will assume the role of Chairman of the RemunerationCommittee of the Board. As previously noted in its recently published AnnualReport & Accounts, the Company will be looking to appoint a new independentnon-executive director to the board in the coming months; membership of boardcommittees will be reviewed again following that appointment. - ends - Notes to editors:About Babcock International Group PLC Babcock International Group PLC is an asset management business. We manage fixedinfrastructure and mobile assets. Babcock integrates labour, technicalcapabilities, systems and supply chain partners to meet the outsourcing needs ofcustomers for 'mission-critical' capabilities. In the year to 31 March 2005 sales from continuing business were £760 million.In June 2004 Babcock acquired the Peterhouse Group which brought; Rail, Networksand Health, Safety and Environmental to the Group. The Group operates across five core business segments: Defence Services, supplying facilities management, equipment support andtraining services to the armed forces. Technical Services, providing engineering and logistical support to both thedefence and civil sectors in the UK. Engineering and Plant Services supplying design, installation and maintenancesupport to the energy sector in Africa and the US. It also holds the Volvofranchise for construction equipment in Southern Africa. Rail, providing design, renewal and installation services for the UK railinfrastructure. Networks, supporting the design, maintenance and renewal of power transmissionand cellular telecommunications networks in the UK. Babcock's head office is in London and the Company's shares are quoted on theLondon Stock Exchange in the support services sector (EPIC:BAB). For furtherinformation, please visit Babcock's website at www.babcock.co.uk. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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