XP Power director exercises options, sells

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Date: Wednesday 09 Feb 2005

LONDON (ShareCast) - Power supply products maker XP Power said chief executive Duncan Penny exercised options on 25,000 shares, selling them at 522p.

The move brings his total holdings to 300,000 shares or a 1.5%.

The deal comes a day after XP Power's executive chairman Larry Tracey and his
deputy James Peters sold 600,000 and 250,000 shares, respectively, at 520p each.

Tracey now holds over 3.1m shares or 15.79% of the issued share capital while Peters holds around the same amount.

At the start of this month XP Power posted strong profits growth for 2004, after a recovery in its key markets. Sales grew by 12% to £66.8m.

Top Director Sells

Allied Domecq (ALLD)
Director name: Mr David Scotland
Amount sold: 350,877 @ 525.33p
Value: £1,843,262

Big Yellow Group (BYG)
Director name: Mr Nicholas Vetch
Amount sold: 750,000 @ 210.00p
Value: £1,575,000

Big Yellow Group (BYG)
Director name: Mr Philip Burks
Amount sold: 500,000 @ 210.00p
Value: £1,050,000

Big Yellow Group (BYG)
Director name: Mr James Gibson
Amount sold: 250,000 @ 210.00p
Value: £525,000

Big Yellow Group (BYG)
Director name: Mr Adrian Lee
Amount sold: 250,000 @ 210.00p
Value: £525,000

XP Power (XPP)
Director name: Mr Duncan Penny
Amount sold: 25,000 @ 522.00p
Value: £130,500

Aberdeen New Thai (ANW)
Director name: Mr John Rickards
Amount sold: 10,000 @ 121.25p
Value: £12,125

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