Trading Statement

Electrocomponents PLC 14 March 2002 Embargoed until 7.00am 14 March 2002 Electrocomponents plc Trading Update Ahead of forthcoming meetings with investors and analysts we are updating the market on recent trading. The Board anticipates that our profit before tax and goodwill amortisation for the year ended 31 March 2002 will be around £105m. Since we announced our interim results in November, our markets have continued to be depressed. In December and January, extended shutdowns of our customers' businesses, particularly in the United Kingdom and continental Europe, reduced our sales. Our overall daily sales rate has, however, now recovered to the levels of last autumn. We have continued to manage our gross margin and cost base effectively, and our cash flow is strong. We have also maintained our investments in the strategic development of the Group. All our businesses remain ready to benefit from any upturn and we continue to have full confidence in our long-term growth opportunities. The full results for the current year will be announced on 29 May 2002. Contact: Ian Mason Group Chief Executive 01865 204000 Jeff Hewitt Deputy Chairman / Finance Director 01865 204000 This information is provided by RNS The company news service from the London Stock Exchange

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