RNS Number:3999J
International Power PLC
31 March 2003





                            INTERNATIONAL POWER PLC

International Power plc (the "Company") has been notified by RBC Trustees
(Guernsey) Limited (being the Trustee of one of the Company's employee share
ownership trusts (hereinafter referred to as the "Trustee")), that on 28 March
2003 the Trustee acquired 1,800,000 Ordinary shares in the Company at a price of
83.47 pence per share.

Additionally, on 28 March 2003 the Company granted to the Trustee an Option to
acquire 3,807,057 Ordinary shares in the Company at an option price of 84 pence
per share.  This Option was granted under the Rules of the Company's 2002
Performance Share Plan (the "Plan").  The Option will only be exercised to the
extent required to satisfy awards made on 10 March 2003 (and as notified on 13
March 2003) under the Plan to executive directors and certain senior employees
of the Company.  The option price was determined by reference to the middle
market quotation of the Company's Ordinary shares on 27 March 2003, in
accordance with the Rules of the Plan.

All the executive directors of International Power plc (together with all other
employees of International Power plc and its subsidiaries) are potential
beneficiaries of the trust and are therefore treated as becoming interested in
the shares acquired by, and in the option granted to, the Trustee.

The Ordinary shares acquired by the Trustee and the option are held for the
purpose of satisfying awards made to eligible employees of the Company under the
Company's various employee share ownership plans as part of its policy of
seeking to align the interests of its employees with those of its shareholders.

Stephen Ramsay

Company Secretary








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