Holding in Company

Electrocomponents PLC
4 January 2001

                            Electrocomponents plc


                      Notification of Material Interest

The Company has received a notification from M&G Investment Management
Limited, pursuant to sections 198 - 202 of the Companies Acts, of its
interests in the Ordinary Shares of 10p each ('Shares') in the Company. The
notification reflects recent changes within M&G Investment Management Limited,
and includes the notifiable interests held by Prudential plc's subsidiary
company, The Prudential Assurance Company Limited. Notification was received
after close of business on 2 January 2001.

The Company was informed that the notifiable interests of Prudential Plc are
as follows:

PRUDENTIAL PLC - total notifiable interest 23,259,167, % of Ord Share Cap
5.35%

Registered Holders:

M&G (Lombard St) Noms AA     219,000

M&G (Lombard St) Noms FPM     87,688

M&G (Lombard St) Noms K     677,250

PACS Global Equities (UK)     5,320

PRUCLT HSBC GIS NOM (UK) PAC AC     20,639,256

PRUCLT HSBC GIS NOM (UK) PPL AC     1,577,677

Prudential Holborn Pensions LD     886

Prudential World Value Fund     52,090

The Company was informed that the notifiable interests of the Prudential
Assurance Company Limited are as follows:

THE PRUDENTIAL ASSURANCE COMPANY LIMITED - total notifiable interest
22,222,253, % of Ord Share Cap 5.11%

Registered Holders:

PACS Global Equities (UK)     5,320

PRUCLT HSBC GIS NOM (UK) PAC AC     20,639,256

PRUCLT HSBC GIS NOM (UK) PPL AC     1,577,677



IT SHOULD BE NOTED THAT THE INTEREST OF THE PRUDENTIAL ASSURANCE COMPANY
LIMITED IS INCLUDED IN, AND IS NOT ADDITIONAL TO, THAT OF PRUDENTIAL PLC.