Director Shareholding

Eleco PLC
3 April 2003

                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

     ELECO PLC

2)  NAME OF DIRECTOR

    1) JOHN HB KETTELEY
    2) DAVID S DANNHAUSER
    3) PAUL J TAYLOR

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

      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) JOHN HB KETTELEY
     2) DAVID S DANNHAUSER
     3) PAUL J TAYLOR

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

      GRANT OF PERFORMANCE SHARE OPTION UNDER COMPANY'S LTIP

7)  Number of shares/amount of
    stock acquired



8)   (N/A %)
    of issued Class



9)  Number of shares/amount
    of stock disposed



10)  ( N/A %)
    of issued Class



11) Class of security



12) Price per share



13) Date of transaction



14) Date company informed



15) Total holding following this notification



16) Total percentage holding of issued class following this notification



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

17) Date of grant

    1 APRIL, 2003

18) Period during which or date on which exercisable

    1ST APRIL 2006 TO 1ST DECEMBER 2008

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



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

     1) 651,425
     2) 395,725   10P ORDINARY SHARES
     3) 140,000 

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

    1) JOHN HB KETTELEY     - 668,902
    2) DAVID S DANNHAUSER   - 549,148
    3) PAUL J TAYLOR        - 140,000

23) Any additional information



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  3 APRIL 2003                                






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