Holding in Company

Eleco PLC
5 December 2001



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     ELECO PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     PR AND MJ KETTELEY
     PR AND MJ KETTELEY TBT A/C

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

     HOLDING OF SHAREHOLDERS IN 2 ABOVE

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

     PR AND MJ KETTELEY           - 20,000 ACQUIRED
     
     PR AND MJ KETTELEY TBT A/C   - 80,000 ACQUIRED
 

5)   Number of shares/amount of stock acquired.

      100,000

6)   (0.23%) of issued Class

7)   Number of shares/amount of stock disposed

         -

8)   ( N/A %) of issued Class

9)   Class of security

      ORDINARY 10P SHARES

10)  Date of transaction

     5/12/01

11)  Date company informed

      5/12/01

12)  Total holding following this notification

       PR & MJ KETTELEY  -  1,140,000
       
       PR & MJ KETTLEY   -    160,000
                            1,300,000
       
               
13)  Total percentage holding of issued class following this notification

      TOTAL HOLDING  =  3.06%

14)  Any additional information

      INFORMED UNDER S.198 BY BROKER
      THAT COMBINED HOLDING EXCEEDS  3%

15)  Name of contact and telephone number for queries

      LAURENCE HOLDCROFT
      GROUP COMPANY SECRETARY
         
       01920 443830

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

     Date of Notification ..5TH DECEMBER 2001....