Fthr Re Director Shareholding

Eleco PLC
7 November 2002


Further to Announcement Made on 4 November 2002

Please note that the vesting of shares in favour of Mr JHB Ketteley and Mr DS
Dannhauser will not occur until after the expiry of the prohibited period in
existence at the Company, in accordance with the Rules of the Company's Long
Term Incentive Plan.


LN Holdcroft
Group Secretary


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