1	XP Power Interim Results Six months ended 30 June 2009
2	Contents Introduction to XP Power 2. Financials 3. Strategy 4. Market and Growth Drivers 5. Product Development Update 6. Outlook
3	Introduction to XP Power Leading developer and manufacturer of mission critical power control hardware Supplies industrial, healthcare and technology sectors Blue chip client list Historic and ongoing investment in R&D has built a market leading product portfolio Focus on higher margin own IP sales Chinese low cost manufacturing capability established – to facilitate further penetration of blue chip client list Global network of offices across North America, Europe and Asia
4	2. Financials
5	Income and Expenditure Statement
6	Summary Balance Sheets
7	Dividend Maintained earnings and strong cash flow performance underpin robust attitude to dividend Interim dividend payment of 10.0p in line with 2008
8	Cash Flow Statement
9	Own Brand Revenue Trend
10	Own Brand Revenues Drive Gross Margin Increase
11	3. Strategy Further expansion of product range Class leading high efficiency converters Product niches identified by industry specialists Leverage new low cost manufacturing facility in China Gain further approved or preferred supplier status at leading blue chip OEMs Drives growth in market share and increased margins
12	New Low Cost Manufacturing Capability In Place New Chinese facility now on stream Fundamental in achieving preferred supplier status with key blue chip customers New facility very favourably received based on initial customer audits
13	4. The Market and Growth Drivers
14	Growth Drivers
15	Blue Chip Customer Base We do business with the following proportions of the S&P 500 Equipment Manufacturers: Industrial 73% Healthcare 94% Technology 69% Over 6,000 active customers the largest of which is <3% of revenue
16	Sector Split
17	5. Product Development Update
18	Our Product Development Resources Design Centres North America, UK and Singapore Engineered Solutions Centres North America, UK and Germany Technology Partners Taiwan and China
19	Gross R&D Spend and New Production Introductions
20	Revenue Annuity – Sample programs
21	6. Outlook
22	Summary Market remains challenging Portfolio of new products using latest technology components New “state of the art” manufacturing facility Strategy will underpin a resilient performance while positioning XP for cyclical recovery
23	"www.xppower.com" www.xppower.com