The new structure will strengthen management capability and focus the Group’s resources to develop new markets and maximise sales growth. The following appointments become effective immediately:

Alan McLaughlin, aged 45, has been appointed President of Chloride Europe, Middle East and Africa. Since 1995 he has been Managing Director of Chloride Power Protection following senior management roles with Pearpoint, Schlumberger and Ferranti.

David Mason, aged 45, has been appointed President of Chloride Americas and Asia Pacific. Since 1997, he has been Managing Director of the Group’s Safety Systems Division.

Reporting to Alan McLaughlin will be:

Lamberto Tassara, Vice President, UPS

Jacques Depret, Vice President, Chloride Telecom Systems (formerly SAED acquired in 2000)

Charles Deboghossian, Vice President, Chloride Industrial Systems

David Renton, Vice President, Sales and Service

Richard Waddington, Vice President, Sales and Marketing

Mark Jenkins, Vice President, Telecom and Internet

Ian Bray, Vice President, Finance and Systems

Ian Thomas, Vice President, Operations

Reporting to David Mason will be:

Ted Antonitis, Vice President, North America

Robert McLachlan, Vice President, Asia Pacific

Chris Patel, Vice President, Latin America

Commenting on the new operating structure, Group Chief Executive, Keith Hodgkinson said:

The new structure will give added focus and drive to our international power protection businesses. I am confident that we now have the management team and structure in place to take Chloride to the next stage of its development as it continues to successfully exploit the huge opportunities in the Power Protection market.