XP Power Ltd.

Declaration of Voting Results & Voting Rights Announcements • May 8, 2014

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RNS Number : 6378G

XP Power Limited

08 May 2014

8 May 2014

XP Power Limited ("XP Power" or the "Company")

Board Change

And

Director/PDMR Shareholding

XP Power announces that Larry Tracey will retire from the Board and step down from the role of Non-Executive Chairman on 30 June 2014.  James Peters, the current Deputy Chairman and founder, will replace Mr. Tracey as Non-Executive Chairman with effect from the same date.

James Peters, Deputy Chairman commented:

"Larry has made an outstanding contribution to the Company over the past fourteen years, in both executive and non-executive capacities.  He leaves XP Power with a robust platform for continued growth, having overseen its transition from a distributor of third party products to a designer and manufacturer of its own market-leading range of power supplies, with nearly two thirds of 2013 revenues being derived from its own designs.  He leaves with our thanks and best wishes for a happy retirement."

XP Power has also been notified that on 8 May 2014, Mr. Tracey sold 1,011,838 ordinary shares of 1p each in the Company ("Ordinary Shares"), at a price of 1600p each. Following the transaction, Mr. Tracey has a beneficial interest in 120,000 Ordinary Shares, representing 0.62% of the Company's issued share capital.

Enquiries:

XP Power

Duncan Penny, Chief Executive Officer +44 (0)118 976 5086

Jonathan Rhodes, Finance Director +44 (0)118 976 5074

Citigate Dewe Rogerson +44 (0)20 7638 9571

Kevin Smith/Jos Bieneman

This information is provided by RNS

The company news service from the London Stock Exchange

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