EGM Statement

Eleco PLC
30 January 2003

30 January 2003



                           ELECO PLC (the 'Company')


                                 EGM Statement


Eleco plc, the building systems and software group, is pleased to announce that
at the Extraordinary General Meeting held yesterday in connection with the
proposed acquisition of Consultec Group AB, all of the resolutions proposed at
the meeting were duly passed.


All conditions to the acquisition, with the exception of admission, have now
been satisfied.  The Company expects that admission to trading of the 10 pence
ordinary shares will take place on Monday, 3 February 2003.


John Ketteley, Executive Chairman, commented:


'I am very pleased that Consultec will be joining the Eleco Group and I extend a
warm welcome to all concerned.  We have worked for over five years with
Consultec and I am confident that our combined strengths and complementary
businesses will have a significant impact in our respective domestic and
international markets.'


Enquiries to:

John Ketteley, Executive Chairman                    Tel: [phone]
Eleco plc

David Dannhauser, Finance Director                   Tel : [phone]
Eleco plc

Tarquin Edwards/Simon Rothschild                     Tel: [phone]
Holborn






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