AGM Statement

Eleco PLC
16 November 2005


For Release                         7.00am                     16 November 2005


                                   ELECO PLC
              The Building Systems and Construction Software Group


                                 AGM STATEMENT

       Enquiries to:
       John Ketteley, Executive        Tel: [phone]
       Chairman
       Eleco plc

       David Dannhauser, Finance       Tel: [phone]
       Director
       Eleco plc

       Tarquin Edwards/Chris Steele    Tel: [phone]
       Binns & Co PR                   [e-mail]
                                       [e-mail]



                  'First four months profit significantly ahead
                         despite market uncertainties'


At Eleco plc's Annual General Meeting which is to be held today (16 November
2005) at The London Capital Club, Abchurch Lane, London EC4 at 12:00 noon,
Executive Chairman John Ketteley will make the following statement:

'I commented in my Chairman's statement in the Annual Report that the outlook in
our UK markets was more uncertain than it had been for some time and there were
signs that demand may be weakening in some sectors of the construction industry.
Nevertheless, the Group had made a good start to the year.

I can now report that profits before tax for the first four months of the year
are significantly higher than the corresponding period last year, which had been
somewhat affected by disruption to Bell & Webster's pre-cast concrete
operations'.

ENDS



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