Trading Update

24 December 2012

ServicePower Technologies Plc

("ServicePower" or the "Company")

Trading Update

ServicePower Technologies Plc (AIM: SVR), a market leader in field management, announces that due to client organizational restructuring and resulting protracted negotiations in several significant contracts, the Company will not achieve market forecasts for the year ending 31 December 2012. Accordingly, the Company expects to make a loss for the year.

The Board expects the contract negotiations to be concluded in the early part of 2013 and will update investors in January on progress and provide a more detailed update on trading at that point.

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About ServicePower

ServicePower Technologies Plc is the only company that can provide a complete, global field management platform that controls all elements of the service lifecycle from offering an appointment, assigning resource and dispatching work through to tracking resources, processing claims and providing business intelligence and analytical reports. With advanced intelligence-based scheduling, dispatch and open market auction software, as well as access to a global network of 86,000 repair and installation technicians, we enable companies to control and schedule work using a mixed resource pool of employees and independent contractors. ServicePower provides solutions that cross all industries. Current customers include Assurant Solutions, Mitsubishi, Farmers Insurance, and Pitney Bowes.

ServicePower is listed on the AIM market of the London Stock Exchange with the ticker SVR.L.

For more information please visit www.servicepower.com