Share Option Scheme

Electrocomponents PLC
9 January 2002

ELECTROCOMPONENTS PLC  ' the Company'


Electrocomponents Savings Related Share Option Scheme (the ' Scheme')


Electrocomponents announces the following:

The Company has been informed on 9 January 2002 that options to buy shares
granted under the terms of the Scheme, as detailed below, have lapsed as from
9 January 2002.

Mr I Mason (Group Chief Executive), lapsed an option to buy 3,189 shares at an
option price of 529.0p granted on 7 July 2000.

Mr R B Butler (Chief Process Officer), lapsed an option to buy 732 shares at
an option price of 529.0p granted on 7 July 2000 and an option to buy 1,146
shares at an option price of 507p, granted on 4 July 2001.

It is the intention of Messrs Mason and Butler on receipt of proceeds from the
lapsed options to acquire shares in the market and participate in a new grant
of options under the Scheme which will be the subject of a further
announcement.



CARMELINA CARFORA
Group Company Secretary


9 January 2002