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British Premier David Cameron says he'll serve full 2nd term if re-elected, but won't seek 3rd

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LONDON — British Prime Minister David Cameron says he will serve a full second term if he's re-elected in May — but he won't seek a third.

Cameron told the BBC Monday that it would be "time for new leadership" after a second five-year stint.

PHOTO: British Prime Minister David Cameron addresses the media after an EU summit in Brussels on Friday, March 20, 2015. EU leaders on Friday are looking to back U.N.-brokered efforts to form a national unity government in conflict-torn Libya that may include a possible mission to help provide security. (AP Photo/Geert Vanden Wijngaert)
British Prime Minister David Cameron addresses the media after an EU summit in Brussels on Friday, March 20, 2015. EU leaders on Friday are looking to back U.N.-brokered efforts to form a national unity government in conflict-torn Libya that may include a possible mission to help provide security. (AP Photo/Geert Vanden Wijngaert)

He joked that "terms are like Shredded Wheat: two are wonderful but three might just be too many."

Cameron's predecessor, Tony Blair, governed for 10 years, stepping down midway through his third term.

Cameron has been prime minister since 2010 as the head of a Conservative-Liberal Democrat coalition government. His Conservatives hope to win a majority on May 7, but polls suggest another coalition is the most likely outcome.

Cameron named Home Secretary Theresa May, Treasury chief George Osborne and London Mayor Boris Johnson as possible successors.

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