Proposed Transfer to AIM

Eleco PLC
26 January 2006


                                   Eleco plc
                            Proposed Transfer to AIM

The Board of Eleco plc ('Eleco' or 'the Company') announces the proposed de-
listing from the Official List and transfer to AIM. A circular convening an
Extraordinary General Meeting ('EGM') seeking approval to the proposals is today
being posted to shareholders.

The Board considers that AIM is a more appropriate market for the Company's
Ordinary Shares and that a transfer to AIM should lead to lower ongoing costs
associated with being a public company and a simplification of administration
requirements. It will also enable the Company to execute significant
transactions more expeditiously should any acquisition or other development
opportunity arise in the future. However, the Board envisages no alteration in
the standards of reporting and governance to which the Group has hitherto
operated.

The anticipated key dates are as follows:


Extraordinary General Meeting                            Monday 20 February 2006

Final day of dealing on Official List                      Tuesday 21 March 2006

Admission to and first day of dealing on                 Wednesday 22 March 2006
AIM


The Board is also pleased to announce that, subject to shareholder approval of
the de-listing and transfer to AIM, Charles Stanley Securities will be appointed
as the Company's Nominated Adviser and Broker with effect from the admission to
AIM.

Copies of the circular, which are being posted to Eleco shareholders, have been
sent to the UK Listing Authority and will shortly be available for inspection at
the UK Listing Authority's Document Viewing Facility, situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS

26 January 2006


Enquiries:

Eleco plc
John Ketteley         Executive Chairman
David Dannhauser      Finance Director
[phone]

Charles Stanley Securities
Richard Thompson / Philip Davies
[phone]

Binns & Co
Tarquin Edwards
[phone]


                      This information is provided by RNS
            The company news service from the London Stock Exchange