Holding(s) in Company

Electrocomponents PLC
16 January 2003

Notification of Change in Shareholding of Substantial Shareholder

The Company received notification today (16 January 2003) in accordance with the
Companies Act 1985 (as amended) that Sprucegrove Investment Management Limited
have a notifiable interest in 21,860,940 Ordinary Shares of 10p each in the
Company ('shares') which represents 5.0% 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 Holder                                            Shares


Citibank N.A. London                                         1,292,580
Deutsche Bank Trust Company Americas                         1,386,940
Chase Nominees Limited                                       2,766,290
MSS Nominees Limited                                         3,377,220
Nortrust Nominees Limited                                    2,486,450
ROY Nominees Limited                                         4,842,104
State Street Nominees Limited a/c NP8E                       619,221
State Street Nominees Limited a/c VN5D                       607,995
State Street Nominees Limited a/c 16Y8                       1,783,540
State Street Nominees Limited a/c SM86                       2,445,320
State Street Nominees Limited a/c AA1X                       136,210
State Street Nominees Limited a/c JF2M                       117,070


CARMELINA CARFORA
Group Company Secretary
16 January 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange