Disposal

Elektron PLC
06 September 2007



FOR IMMEDIATE RELEASE

                                                                6 September 2007


                                  ELEKTRON PLC

                         ('Elektron' or the 'Company')

                                   Disposals

The Board of Elektron announces that on 5 September 2007 it disposed of the
entire share capital of Richard Lloyd Group  Limited ('RLG') and its subsidiary
Richard Lloyd Limited ('RLL') for a nominal consideration. RLG and RLL were 
subsidiaries of Howle Holdings Plc which was acquired by Elektron in December
2006.

RLG is a dormant holding company. RLL is a manufacturer of engineers cutting
tools operating under the 'Galtona' brand  name. In the 16 month period to 31
January 2007 RLL made an operating loss of £302,000 before fair value
adjustments.  Sales in the same period were £2.3 million. Management accounts
for the 6 months to 31 July 2007 show that RLL broke  even on an operating basis
on sales of £836,000. According to the same management accounts the net assets
of RLL were  £80,000 which amount was fully provided for in the fair value
adjustments made following the acquisition of Howle. The  outstanding inter-
company interest-free indebtedness of £450,000 owed by RLL to Elektron (the 'RLL
Indebtedness') will  be repaid by RLL at the rate of £5,000 per month. £260,000
of the RLL Indebtedness is secured on the assets of RLL  ranking after a third
party provider of finance.

On 14 August 2007 Elektron also completed on the sale of Howle's remaining
freehold property occupied by NPE-Innotek,  its former business, for a cash
consideration of £370,000.

These transactions complete the disposal strategy outlined in the offer document
for Howle in relation to its property  assets and its two smallest subsidiaries
and are not expected to have a material effect on the Elektron group.

For further information, please contact:

Chris Leigh
Elektron Plc
Tel: [phone]

Roland Cornish
Beaumont Cornish Limited

Tel: [phone]

ENDS






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