Mothballing of Hays, US

RNS Number:7122U
International Power PLC
28 January 2004

      International Power Mothballs 1,100MW Hays power station in Texas

(London - 28 January 2004) International Power announces that it has mothballed
its 1,100MW combined cycle gas turbine (CCGT) Hays power station in Texas, for
an indefinite period.

Hays, which entered commercial operation less than two years ago, employs modern
technology and achieves superior environmental performance.  This mothballing
reflects the very weak wholesale electricity prices in Texas.

Philip Cox, Chief Executive Officer of International Power said: "Uneconomic
wholesale prices in Texas mean that it is not viable to run Hays, despite the
fact that it is a modern and efficient power station that operates to the
highest environmental standards.  We will reinstate Hays only when market
conditions improve to a level that provides sound financial returns."

The mothballing of Hays does not affect International Power's earnings guidance
for the financial year to December 2004.

Investor & Media Contact
Aarti Singhal
[phone]

US Media Contact
David Leeney, Taylor Rafferty
[phone] ext 242

Notes to editors:

International Power plc is a global independent power generation company with
interests in over 25 operational power stations that have a combined generation
capacity of 16,600 MW (gross).  Among the countries where it has facilities in
operation or under construction are Australia, the United States, the United
Kingdom, the Czech Republic, the UAE, Portugal, Turkey, Malaysia, Pakistan and
Thailand. International Power is listed on the London Stock Exchange and the New
York Stock Exchange. The ticker symbol on both stock exchanges is "IPR".


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