TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES1. Identity of the issuer or the underlying issuerof existing shares to which voting rights are XP Power Ltd.attached:2. Reason for the notification (please tick the appropriate box or boxes):An acquisition or disposal of voting rights XAn acquisition or disposal of qualifying financial instruments which may resultin the acquisition of shares already issued to which voting rights are attachedAn acquisition or disposal of instruments with similar economic effect toqualifying financial instrumentsAn event changing the breakdown of voting rightsOther (please specify):3. Full name of person(s) subject to the Mawer Investment Management Ltd.notification obligation:4. Full name of shareholder(s) (if different from 3.):5. Date of the transaction and date onwhich the threshold is crossed or May 8, 2014reached:6. Date on which issuer notified: May 9, 20147. Threshold(s) that is/are crossed or 7%reached:8. Notified details:A: Voting rights attached to sharesClass/type Situation previous Resulting situation after the triggering transactionof to the triggeringshares transaction Number Number Number Number of voting % of votingif possible of of of shares rights rightsusing Shares Votingthe ISIN Rights Direct Direct Indirect Direct IndirectCODESG9999003735 744,075 744,075 1,391,075 1,391,075 7.23%B: Qualifying Financial InstrumentsResulting situation after the triggering transactionType of Expiration Exercise/ Number of voting % of votingfinancial date Conversion Period rights that may be rightsinstrument acquired if the instrument is exercised/ converted.C: Financial Instruments with similar economic effect to Qualifying FinancialInstrumentsResulting situation after the triggering transactionType of Exercise Expiration Exercise/ Number of voting rights % of votingfinancial price date Conversion instrument refers to rightsinstrument period Nominal DeltaTotal (A+B+C)Number of voting rights Percentage of voting rights1,391,075 7.23%9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable:Proxy Voting:10. Name of the proxy holder: Mawer Investment Management Ltd.11. Number of voting rights proxy holder will ceaseto hold:12. Date on which proxy holder will cease to holdvoting rights:13. Additional information:14. Contact name: Jonathan Rhodes15. Contact telephone number: +44 1189 765074