Transaction in Own Shares

XP Power PLC
23 December 2004


For immediate release                                           23 December 2004

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

                          Transaction in Own Shares

Pursuant to the Company's share option scheme, 7,500 options have today been
exercised. The Company has met this requirement for shares by the issue of 7,500
shares from its holding in treasury.

Following the disposal of these shares, the Company has 20,704,621 ordinary
shares in issue including 888,750 treasury shares held by the Company.

For reporting purposes under section 198 of the Companies Act 1985, the market
should exclude any shares held in treasury.

                                    - Ends -
Enquiries:

XP Power plc                                                       0118 984 5515
Duncan Penny, Chief Executive Officer

Weber Shandwick Square Mile                                        020 7067 0700
Christian Taylor-Wilkinson or Kevin Smith



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