Trading Statement

Holders Technology PLC
13 June 2001

Holders Technology plc reports that the current year, which commenced on 1st
December 2000, started very strongly but a marked deterioration in market
conditions has been experienced since April 2001. While the Company will
achieve an interim result broadly in line with expectations as regards its
underlying distribution business, after allowing for the continuing
development costs of Justfone, its 81% subsidiary, it will record an interim
result lower than that for last year.



The electronics industry is continuing to experience cut backs in demand by
customers across Europe, particularly in the telecoms area. Although current
indications are that the Company will be profitable in its second half, it
expects that the result for the year as a whole will be substantially below
current market expectations.



While Holders is taking measures to reduce costs in its core distribution
business, it will continue to add specialist products to its range and
preserve customer service levels.