Brookhaven Energy Project Permit Application Ruled Complete by New York State Regulators

Business Wire, August 17, 2001

Business Editors

LONDON--(BUSINESS WIRE)--Aug. 17, 2001

International Power plc (NYSE:IPR), one of the world's leading independent power producers, today announces that the New York State Board on Electric Generation Siting and the Environment has accepted as complete its application to build the Brookhaven Energy Project on Long Island.

The Siting Board's decision marks the beginning of the State's formal review process, and is a key regulatory milestone for the 580-megawatt natural gas fired electric generating facility. The ruling kicks-off a yearlong review process that will involve public hearings.

For the complete announcement please visit www.ipplc.com

NOTES TO EDITORS

The Brookhaven Energy project is proposed for development on 28 acres of industrially zoned land just south of the Long Island Expressway at exit 66 and along the southeast corner of Sills Road in the Town of Brookhaven. When completed, the plant will provide enough energy to power over half a million homes. The project will also result in additional significant benefits to the region, including job creation and substantial tax benefits.

International Power plc is one of the world's leading independent electric generating companies with over 8,850 MW (net) in operation, 2,350 MW (net) under construction and approximately 8,000 MW (net) in advanced development. Among the countries where International Power has operating facilities are Australia, the United States, the United Kingdom, the Czech Republic, Portugal, Turkey, Malaysia, Pakistan, and Thailand. International Power was created from the demerger of National Power, and its shares began trading independently on the London Stock Exchange and as ADRs on the New York Stock Exchange on 2 October 2000. The ticker symbol on both stock exchanges is "IPR".