Holding in Company

Electrocomponents PLC
7 August 2001

NOTIFICATION OF CHANGE IN SHAREHOLDING OF SUBSTANTIAL SHAREHOLDERS

The Company received notification on 7 August 2001 in accordance with the
Companies Act 1985 (as amended) that CGNU plc and Morley Fund Management (a
subsidiary of CGNU plc) have a notifiable interest in 17,260,718 ordinary
shares of 10p each of the Company ('shares') which represents 3.97% of the
total issued share capital of the Company.

The Company is informed that the shares to which this notification relates are
registered as follows:

Registered Holders                                        Number Of Shares Held

BNY Norwich Union Nominees Ltd                                        7,259,579

Chase GA Group Nominees Ltd                                           5,925,559

CUIM Nominees Ltd                                                     4,030,660

RBSTB Nominees Ltd                                                       44,920


CARMELINA CARFORA

Group Company Secretary

7 August 2001