RNS Number:8050K
ServicePower Technologies PLC
07 May 2003


                         ServicePower Technologies PLC
                       ("ServicePower" or the "Company")

                    Grant of options to executive directors

ServicePower, developer of artificial intelligence based, field service
scheduling applications has decided to grant the following share options:

Name:                           David Brisco, Chief Executive Officer

Number of Options               107,800 Ordinary shares 10p

Price of Grant of Options       nil

Exercise Price:                 10.0p

Date of grant:                  6th May 2003

Date on which exercisable:      5th May 2006


Name:                           David Brisco, Chief Executive Officer

Number of Options               17,442 Ordinary shares 10p

Price of Grant of Options       nil

Exercise Price:                 12.5p

Date of grant:                  6th May 2003

Date on which exercisable:      5th May 2006


Name:                           Ian MacKinnon, Executive Director

Number of Options               107,800 Ordinary shares 10p

Price of Grant of Options       nil

Exercise Price:                 10.0p

Date of grant:                  6th May 2003

Date on which exercisable:      5th May 2006


Name:                           Ian MacKinnon, Executive Director

Number of Options               17,442 Ordinary shares 10p

Price of Grant of Options       nil

Exercise Price:                 12.5p

Date of grant:                  6th May 2003

Date on which exercisable:      5th May 2006


These share options replace existing share options granted on 30th October 2002
and form part of a general re-structuring of the share options for all staff.
The new share options carry the same performance criteria as the original share
options and have a new three-year exercise period.


                                      ###



Contacts:

Barry Welck, Chairman  Tel: 07831 396539

David Brisco, Chief Executive Tel: 0161 476 2277

Tom Price, Beeson Gregory Limited Tel: 0207 488 4040




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
FURNKOKKPBKDFPK