Press Releases

03/12/2001

International Power - Minimal Exposure to Enron

(London – 3 December 2001) International Power today reaffirms that as stated in the company’s recent quarterly results announcement it has a very limited trading exposure to Enron and its wholesale trading activities.

The exposure as at 30 November 2001 was estimated to be less than GBP 2 million. International Power stopped transacting with the company over a month ago.

For further information:

Media contact (Europe):
Aarti Singhal
+44 (0)20-7320-8681

Investor contact (Europe):
Grant Jones
+44 (0)20-7320-8619

Media & Investor contact (United States):
Paul Parshley
+1 508-922-3124

Notes to Editors

International Power plc is one of the world's leading independent electric generating companies with approximately 8,850 MW (net) in operation, 2,350 MW (net) under construction and approximately 8,000 MW (net) in advanced development. Among the countries where International Power has operating facilities are Australia, the United States, the United Kingdom, the Czech Republic, Portugal, Turkey, Malaysia, Pakistan, and Thailand. International Power was created from the demerger of National Power, and its shares began trading independently on the London Stock Exchange and as ADRs on the New York Stock Exchange on 2 October 2000. The ticker symbol on both stock exchanges is "IPR".