Holding(s) in Company

Electrocomponents PLC
23 July 2002

Notification of a Substantial Shareholder

The Company received notification today (23rd July 2002) in accordance with the
Companies Act (as amended) that Sprucegrove Investment Management Limited, a
Canadian Company, and their affiliated companies have obtained a notifiable
interest in 13,779,110 Ordinary Shares of 10p each in the Company which
represents 3.16% 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                         884,940

Deutsche Bank Trust Company Americas         947,420

Chase Nominees Limited                     2,036,940

MSS Nominees Limited                       2,021,380

Nortrust Nominees Limited                  1,354,040

ROY Nominees Limited                       2,934,084

State Street Nominees Limited a/c NP8E     1,652,381

State Street Nominees Limited a/c VN5D       328,015

State Street Nominees Limited a/c SM86     1,446,240

State Street Nominees Limited a/c AA1X        92,860

State Street Nominees Limited a/c JF2M        80,810

These interests are as an investment manager or as an operator of an authorised
unit trust rather than as a beneficial owner.

CARMELINA CARFORA

Group Company Secretary

23 July 2002




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