Press Releases

09/11/2004

Circular to Shareholders re Proposed Acquisition of the EME Portfolio

(London - 09 November 2004) International Power plc announces that the Circular in connection with the proposed acquisition of Edison Mission Energy’s international asset portfolio (“the EME Portfolio”) has been posted to shareholders. A copy of the Circular has also been posted on the home page of the company’s website www.ipplc.com.

An Extraordinary General Meeting to seek Shareholder approval for the acquisition of the EME Portfolio will take place on Thursday, 25 November 2004 at the Renaissance London Chancery Court Hotel, 252 High Holborn, London, WC1V 7EN at 09.00.

The transaction is expected to complete in December this year.

For further information please contact:

Media Contact:
Sara Richardson
+44 (0)20 7320 8619

Investor Contact:
Aarti Singhal
+44 (0)20 7320 8681

About International Power

International Power plc is a leading independent electricity generating company with 11,210MW (net) in operation and 1,649MW (net) under construction. International Power has power plants in operation or under construction in Australia, the United States of America, the United Kingdom, the Czech Republic, the UAE, Oman, Saudi Arabia, Portugal, Turkey, Malaysia, Pakistan and Thailand. International Power was listed on the London Stock Exchange and the New York Stock Exchange (as ADR’s), on 2 October 2000. The ticker symbol on both stock exchanges is "IPR".