News update from Eddie Proffitt 29/7/10

29.07.2010

19/07/2010 - Statement Regarding Potential Combination of International Power plc and GDF SUEZ Energy International

GDF SUEZ announces that it is in preliminary discussions with International Power regarding a possible combination of International Power and GDF SUEZ Energy International Business Areas (outside Europe) and certain assets in the UK and Turkey ("GDF SUEZ Energy International"), to create an enlarged International Power which would be listed on the Official List of the Financial Services Authority (“Official List”) and traded on the Main Market of London Stock Exchange. Discussions are continuing between the two parties regarding the terms of the proposed combination (including the amount of net debt that would be contributed with GDF SUEZ Energy International).

If the combination were to be completed, it is expected that shares in International Power would be issued to GDF SUEZ and that, as a result, GDF SUEZ would be the majority shareholder in the enlarged International Power.