Transaction in Own Shares

XP Power PLC
16 June 2004



                                 XP Power plc

                            ('XP' or 'the Company')

                            Purchase of Own Shares

The Company announces today that it has purchased 375,000 ordinary shares at a
price of £3.80 per share.

All of these shares will be held in treasury and will be used to fund the
Company's existing share employee share option schemes or for other appropriate
purposes such as small acquisitions.

Following the purchase of own shares, the Company has 20,704,621 ordinary shares
in issue including 700,000 treasury shares held by the Company.

16 June 2004

                                    - 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

Christian Taylor-Wilkinson or Kevin Smith

Notes to editors:

XP Power plc, formerly IFX 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





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