16th Jun 2005 09:00
Babcock International Group PLC16 June 2005 Contacts: Gordon Campbell/Peter Rogers Andrew Lorenz/Rob Gurner Babcock International Group PLC Financial Dynamics Telephone: +44 (0)20 7291 5000 Telephone +44 (0)20 7269 7291 16 June 2005 MIKE TURNER RETIRING AS NON-EXECUTIVE DIRECTOR Babcock International Group PLC, the support services company, announces that MrMike Turner, one of its Non-Executive directors, having served for nine years asa director of the Company, will be retiring from the Board with effect from 31stDecember 2005. Mr Turner's retirement is part of a programme of change amongst The Group'sNon-Executive directors, a number of whom have held their positions for longperiods by the standards of the Higgs recommendations on Board composition. Theprogramme of change amongst the Group's Non-Executive directors will be carriedout progressively and in a controlled manner over the next few years, so thatthe Group does not lose the substantial benefit of their experience. Gordon Campbell, Chairman, said: "Mike has made an outstanding contribution during his nine years as aNon-Executive director of Babcock. He has had a major input into our success,both in terms of the group's strategic direction and its delivery of thatstrategy." - 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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