DET Deltron Elec.

RNS Number:9461F
Deltron Electronics PLC
22 February 2000

                 Positive AGM Statement

Deltron Electronics, the Pan-European specialist distributor
and manufacturer of electromechanical components, will today
be holding its AGM at Suffolk House, Fordham Road,
Newmarket, Suffolk.

The following represents extracts from the Chairman's
statement:

Trading

First four months of trading compared to the previous year:

Group               Bookings             Billings
Sterling            +55%                 +40%
Euro                +75%                 +58%
Like for Like       Bookings             Billings
Sterling            +30%                 +20%
Euro                +46%                 +35%

-Overall, the group is enjoying its best trading
 conditions for many years.

-The electronics industry has returned to growth.

-All of the principal economies in Europe are seeing an
 acceleration in growth.

-Germany is developing in line with management's best
 expectations.

-Better than expected reception by suppliers, OEM's and
 CEM's in Ireland.

-Whilst early in the year, trading prospects are and
 remain encouraging.

Strategic

-Company's strategy for Pan-European network strongly
 implemented during the year.....

-First Pan-European supply agreement signed and others
 being negotiated.

-European re-branding exercise underway.
 Pan-European linecard released - introducing to
 customers in each country the total group product range.

-Key to Pan-European operations is a new common IT
 platform in all subsidiaries. This will bring improved
 logistics capability including EDI and the Internet with its
 e-commerce features.

-Copies of the Report & Accounts are available on request
 from Pat Taylor, Deltron Electronics plc or Kirsty Robeson,
 Buchanan Communications.

For further information contact:
Christopher Sawyer                          01638 561156
Chief Executive, Deltron Electronics plc

Tim Anderson/Kirsty Robeson                 0171 466 5000
Buchanan Communications

END

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