Purchase of Own Securities

IFX Power PLC
01 May 2003

IFX POWER PLC ('the Company')

Purchase of own shares for cancellation

The Company announces that it has today purchased for cancellation 75,000
ordinary shares at a price of 100p per share.

The resultant issued share capital for the ordinary shares of 1p each after this
transaction is 20,962,118 shares.

Enquiries:

Duncan Penny

0118 976 5086

1 May 2003


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