LONDON (Thomson Financial) - ServicePower Technologies Plc. said Barry Welck will retire as chairman of the board with immediate effect and will be replaced by non-executive director Lindsay Bury.

However, the company said Welck will remain as a member of the board until Dec. 31, 2008.

Bury is currently chairman of Electric and General Investment Trust and Bango Plc. TFN.newsdesk@thomson.com tsm/rw

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