Re Agreement

XP Power PLC
14 December 2004


Embargoed until 0700                                           14 December 2004


                                  XP Power plc
                             ('XP' or 'the Group')

             XP enter a global supply agreement with Premier Farnell

XP, one of the world's leading providers of power supply solutions to the
mid-tier of the electronics industry, announces that it has entered into a
global supply agreement with Premier Farnell plc, the global marketer and
distributor of electronic and MRO specialist products and services.

The three-year agreement will see the Group's power supply products listed
exclusively in Premier Farnell's catalogues, expanding XP's market presence
significantly and further improving brand awareness. XP's full product offering
will also be available via Premier Farnell's e-commerce systems.

Premier Farnell markets and distributes over 400,000 electronic, maintenance,
repair and operations products and specialist services throughout Europe, North
America and Asia Pacific.

James Peters, Deputy Chairman of XP commented 'We are delighted to be the first
power supply company to sign a global supply agreement with Premier Farnell.
This exclusive three year contract will allow XP to enhance its ability of
focusing directly on its largest target customers whilst providing a higher
level of service to our smaller customers through Premier Farnell. In addition,
the inclusion of the XP range of standard products in the Premier Farnell
catalogues gives us unprecedented access to thousands of design engineers
throughout the world. Over time we expect to see an increasing percentage of our
revenues coming from the Premier Farnell channel and we are very excited about
the potential of the agreement.'

                                    - Ends -
Enquiries:

XP Power plc                                                      0118 984 5515
Larry Tracey, Executive Chairman
James Peters, Deputy Chairman
Duncan Penny, Chief Executive Officer

Weber Shandwick Square Mile                                       020 7067 0700
Kevin Smith

Notes to editors:

XP Power plc provides power supply solutions to the mid-tier market of the
electronics industry.

All electronic equipment needs a power supply. Power supplies convert the
incoming AC supply into various levels of DC voltages to drive electronic
components and sub-assemblies within the end user's equipment. By servicing this
market XP Power provides investors with access to technology and industrial
markets through its 8,000 strong customers in the profitable, high margin,
mid-tier sector of the North American and European markets.

The mid-tier of the market is highly fragmented and made up of a large number of
small to medium sized Original Equipment Manufacturers who source standard and
modified standard power supplies from several hundred power supply companies.

For further information, please visit www.xppower.com





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