Spirent CEO Steps DownSpirent CEO Steps Down

Nicholas Brooks retires as CEO of Spirent, effective from the end of June 2004

February 25, 2004

1 Min Read

CRAWLEY, U.K. -- Spirent plc (LSE: SPT; NYSE: SPM), a leading communications technology company, today announced that Nicholas Brookes has informed the Board of his intention to retire as Chief Executive of the Company. His retirement is due to become effective at the end of June 2004 at which time he will step down from the Board. A formal process to find a successor is under way.

Nicholas Brookes joined the Company in 1995 as Deputy Chief Executive, becoming Chief Executive in 1996.

Commenting, Nicholas Brookes, Chief Executive, said:

“My time at Spirent has been a truly fulfilling experience. Since joining the Company in 1995 I have worked to develop Spirent from a broadly based electronics group into a focused high technology company. Spirent now has three global operating groups with leading positions in their served markets. The Company has a strong management team, a highly experienced Board and is in good shape to move forward so I believe now is the right time to hand over to a successor to enable Spirent to continue along its strategic path.”

Commenting, John Weston, Chairman, said:

“During Nick’s tenure as Chief Executive Spirent has been transformed into a leading technology group and has weathered exceptionally difficult conditions in the telecoms market, emerging with a sound financial position and good prospects, as the preliminary results for the year to 31 December 2003 announced today demonstrate. The Board would like to take this opportunity to thank Nick for his outstanding achievements and wish him all the best for the future.”

Spirent plc

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