Press Releases

14/10/2008

International Power Reports on Incident at ISAB, Italy

(London – 14 October 2008) International Power reports that ISAB in Italy suffered an incident during the evening of 13 October when a fire broke out on one of the two units at the plant. No one was injured in the incident. The cause of the fire is still being investigated. Due to the damage caused by the fire, both units are currently offline and are expected to remain so for the remainder of 2008.

International Power expects the impact on underlying EPS in 2008 to be some 0.8p to 1.0p.

Notes to editors:

ISAB is a 562MW IGCC plant in which International Power has a 34% ownership interest.

About International Power

International Power plc is a leading independent electricity generating company with 33,183MW gross (21,315MW net) in operation and 2,836MW gross (821MW 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, France, Germany, Italy, the Netherlands, Portugal, Spain, Turkey, Bahrain, Oman, Qatar, Saudi Arabia, the UAE, Indonesia, Pakistan, Puerto Rico and Thailand. International Power is listed on the London Stock Exchange with ticker symbol IPR. Company website: www.ipplc.com

Investor & Media Contact:

Aarti Singhal - 07989 492 447