Directorate Change

For immediaterelease30 December 2013 XP Power Limited ("XP") Appointment of Non-executive Director XP announces the appointment of Peter Bucher as a non-executive director witheffect from 1 January 2014. Peter (age 69) is well known within the power converter industry and spent hisentire career at Traco Electronic AG ("Traco") in Zurich, Switzerland. Peterjoined Traco in 1967 and in 1985 was appointed managing director, a position heheld until his retirement in 2009. Under Peter's leadership Traco was builtinto a highly respected company with revenues in excess of US$100M. Larry Tracey, Executive Chairman, said: "We are delighted to welcome Peter tothe Board. He brings a wealth of power experience with him and will beextremely valuable to our business." There is no additional information required to be disclosed in relation to theListing Rules in connection with Mr Bucher's appointment. - Ends - Enquiries: XP PowerDuncan Penny, Chief Executive +44 (0)118 976 5086Jonathan Rhodes, Finance Director +44 (0)118 976 5074 Citigate Dewe Rogerson +44 (0)20 7638 9571Kevin Smith/Jos Bieneman Note to editors XP designs and manufactures power controllers, the essential sub assembly inevery piece of electrical equipment that converts the power from theelectricity grid into the right form for the equipment to function. XP typically designs in power control solutions into the end products of majorblue chip OEMs, with a focus on the industrial (circa 45% of sales), healthcare(circa 30% sales) and technology (circa 25% of sales) sectors. Once designedinto a program, XP has a revenue annuity over the life cycle of the customer'sproduct which is typically 5 to 7 years depending on the industry sector. XP has invested in research and development and its own manufacturingfacilities in China and Vietnam, to develop a range of up to date productsbased on its own intellectual property that provide its customers withsignificantly improved functionality and efficiency. Headquartered in Singapore and listed on the Main Market of the London StockExchange since 2000, XP serves a global blue chip customer base from 27locations in Asia, Europe and North America.