Director Shareholding

Eleco PLC
4 November 2002

                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    ELECO PLC

2)  NAME OF DIRECTOR

    1)  MR J H B KETTELEY
    2)  MR D S DANNHAUSER

3)  Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a
    non-beneficial interest or in the case of an individual holder
    if it is a holding of that person's spouse or children under the
    age of 18 or in respect of an non-beneficial interest

    HOLDING OF SHAREHOLDERS IN 2

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

    1)  MR J H B KETTELEY
    2)  MR D S DANNHAUSER

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    -

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    VESTING OF LONG TERM INCENTIVE PLAN AWARDS GRANTED IN OCTOBER 1999

7)  Number of shares/amount of
    stock acquired

    1)   100,000
    2)   100,000

8)   (1)    0.23%
      2)    0.23%)
    of issued Class



9)  Number of shares/amount
    of stock disposed

    -

10)  ( N/A %)
    of issued Class



11) Class of security

    ORDINARY 10p SHARES

12) Price per share

    VESTED AT 26.5 PENCE

13) Date of transaction

    1/11/02

14) Date company informed

    4/11/02

15) Total holding following this notification

    1)    4,021,598
    2)      336,783

16) Total percentage holding of issued class following this notification

    1)     9.34%
    2)     0.78%

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

    -

18) Period during which or date on which exercisable

    -

19) Total amount paid (if any) for grant of the option

    -

20) Description of shares or debentures involved: class, number.

    -

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

    -

22) Total number of shares or debentures over which options held
    following this notification

    -

23) Any additional information

    SHARES WILL BE SOLD BY SCHEME TRUSTEES TO REALISE INCOME TAX LIABILITIES -
    NOTIFICATION TO FOLLOW

24) Name of contact and telephone number for queries

    LAURENCE HOLDCROFT - 01920 443830

25) Name and signature of authorised company official responsible for
    making this notification

    Date of Notification          4/11/2002                       


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