Interim Management Statement

5 July 2010

                               XP Power Limited                                

                          ("XP Power" or "the Group")                          

                         Interim Management Statement                          

XP Power, one of the world's leading developers and manufactuers of critical
power control components to the electronics industry, is today issuing an
Interim Management Statement for the quarter ended 30 June 2010.

Trading


The evolution of the Group to an own brand/own manufactured business model is
driving a significant improvement in performance, as control over the
manufacturing process delivers both higher margins and more rapid customer
response times. Trading in the second quarter has been strong, as our market
share gains gather pace. Group revenues, in the three months to 30 June 2010,
grew by 35% over the same period in 2009 with gains across all market sectors
in North America, Europe and Asia. In constant currency the growth rate was
36%.

Revenues for the six months ended 30 June 2010 grew by 23% over the same period
in 2009. In constant currency the growth rate was 28%.

Financial Position


Net debt was £19 million at 30 June 2010 compared to £25 million at 30 June
2009. Using the exchange rates prevailing at 30 June 2009, net debt at 30 June
2010 would have been £17 million.


Outlook

With record order books XP has entered the second half of 2010 in a strong
position. The rate of growth in revenue should accelerate in the second half as
existing programs ramp up and further new customer programmes enter production.

XP will issue its interim statement for the six months to 30 June 2010 on 2
August 2010.

                                   - Ends -                                    

Enquiries:

XP Power

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 40% of sales), healthcare
(circa 30% sales) and technology (circa 30% 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.