RNS Number:0120R
International Power PLC
17 October 2003

International Power Secures new US$450 million

(#271 million) Credit Facility



(London, 17 October 2003)  International Power plc today announces that it has
signed a new three-year unsecured US$450 million (#271 million) Corporate
Revolver facility with its core relationship banks.

The new facility will be available for general corporate purposes and replaces
the existing US$540 million (#325 million) facility, which expires in October
2004.  International Power has renewed this facility one year ahead of expiry in
order to provide more certainty to the Company's medium term capital structure.

"We are very pleased with this level of support from our core bank group.
Together with our current liquidity, it reaffirms our balance sheet capacity for
growth," said Philip Cox, Chief Financial Officer.

The Lead Arrangers for this facility were ABN AMRO Bank N.V., Credit Lyonnais,
ING Bank N.V. and The Royal Bank of Scotland plc.

For further information please contact: -

Aarti Singhal
0044 (0)207 320 8681

Notes to Editors:-

International Power plc is a global independent power producer with 10,990MW
(net) in operation and 610MW (net) under construction.  Among the countries
where International Power has facilities in operation are Australia, the United
States, the United Kingdom, the Czech Republic, Oman, the UAE, Portugal, Turkey,
Malaysia, Pakistan and Thailand. International Power was created in October 2000
and its shares are traded on the London Stock Exchange, and as ADRs on the New
York Stock Exchange under the ticker symbol "IPR".


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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