Trading Statement

15 May 2009

                               XP Power Limited                                

                                Trading Update                                 

XP Power, one of the world's leading developers and manufacturers of mission
critical power control solutions to the electronics industry, is today issuing
an update on trading for the four months ended 30 April 2009 in line with its
normal practice.

Trading in the first four months of the current financial year has been
satisfactory and in line with expectations, with revenues being in line with
those achieved in the same period of 2008.

In line with the guidance given in the 2008 full year results statement issued
on 23 February 2009, a combination of new programs secured from existing blue
chip customers and the favourable benefits from a stronger US Dollar have
enabled XP to maintain revenues in line with those of 2008. In addition strong
gross margins were maintained as a result of a further increase in the
proportion of our own products in the sales mix, which, being developed
in-house and based on our own intellectual property ("IP"), are higher margin.
In line with its well-established strategy, XP has continued to invest in
research and development across its key markets - the industrial, healthcare
and technology sectors - to establish a pipeline of class leading products
which capitalise on the fundamental and increasing demand for smaller, more
efficient and more environmentally friendly power control components.

XP Power's new flagship manufacturing facility in Kunshan, China is due to open
this quarter. This investment is crucial not only to meet the growing demand
for higher margin products based on XP's own IP but also to secure "approved
vendor" status with our blue chip customers, a vital step in growing revenues
with them.

Duncan Penny, Chief Executive, commented: "I am pleased to report that trading
in the year to date has been in line with our expectations, underpinned by
design wins on a number of new blue chip programmes and a stronger US dollar.
Our strategy of investing in the development of our own portfolio of XP branded
products has continued to support margin growth and the forthcoming launch of
our new manufacturing facility will give us the capacity to meet growing demand
as we capitalise on the fundamental growth drivers of our core markets."

XP Power expects to publish its interim results for the six months ending 30
June 2009 on 3 August 2009.

                                   - Ends -                                    

Enquiries:

XP Power

Larry Tracey, Executive Chairman [phone]

James Peters, Deputy Chairman [phone]

Duncan Penny, Chief Executive [phone]

Citigate Dewe Rogerson [phone]

Kevin Smith/Ged Brumby

Note to editors

XP designs and manufactures power controllers, the essential hardware component
in every piece of electrical equipment that converts the power from the
electricity grid into the right form for the equipment to function.

XP typically designs in power control solutions into the end products of major
blue chip OEMs, with a focus on the industrial (circa 52% of sales), healthcare
(circa 22% sales) and technology (circa 26% of sales) sectors. Once designed
into a program, XP has a revenue annuity over the life cycle of the customer's
product which is typically 5 to 7 years depending on the industry sector.

XP has invested in research and development and its own manufacturing facility
in China, to develop a range of tailored products based on its own intellectual
property that provide its customers with significantly improved functionality
and efficiency.

Headquartered in Singapore and listed on the Main Market of the London Stock
Exchange since 2000, XP serves a global blue chip customer base from 27
locations in Europe, North America and Asia.