DET Deltron Elec.

RNS No 5817m
DELTRON ELECTRONICS PLC
5th March 1999



                     DELTRON ELECTRONICS PLC
          Earn-out Payment and Directors Shareholding 

Deltron Electronics plc ("Deltron") is pleased to announce
the second and final payment to Mr Francois Feldman (a main
board director of Deltron) relating to the October 1995
acquisition of EUROiNDustrie S.A, its wholly owned subsidiary
based in France. The initial consideration for the Company amounted
to approximately #2.0 million and the balance was subject to an
earn-out.

As a result of the excellent performance achieved by EUROiNDustrie
S.A over the earn-out period the total amount payable to
Mr. F Feldman has been determined at the capped maximum of
7.4m FFr (approx. #800,000). 

The original terms of the agreement specified that the second
and final payment would be made wholly in cash. At the request
of Mr Feldman, and a sign of his continued commitment to Deltron,
the Company has agreed to vary the terms such that whilst the
aggregate consideration remains fixed at 7.4m FFr, he has been
allotted 2.4m FFR (#262,000) of this consideration in shares at
105p per share. A total of 240,081 new shares have been allotted,
subject to listing. The remaining 5m FFR (#538,000) has been paid
in cash.

The number of new Deltron shares to be issued represents 1.24% of
the current ordinary issued share capital. This will take
Mr. Feldman's holding in Deltron to 460,081 shares, 2.4% of the
total ordinary issued share capital. 

As a result of this transaction, the directors of Deltron will
now hold 21.7% of the Company's total ordinary issued share
capital. 

Francois Feldman, Executive Director of Deltron commented:
"On joining the Group in 1995, I was struck by the similarities
in management culture between EUROiNDustrie S.A and Deltron. I
am pleased to say that the philosophy of operating in an
entrepreneurial style within strict corporate disciplines has
remained and I am therefore delighted to have increased my
shareholding in Deltron and look forward to the future with
enthusiasm." 

Christopher Sawyer, Chief Executive of Deltron commented:
"EUROiNDustrie S.A, has played a vital part in the growth of
our expanding European business and Francois is a valued member
of our team. The next few years will see continued development
in Europe and Francois is ideally placed to ensure that the
Group maximises the various opportunities that will undoubtedly
open up for us."

For further information contact:

Christopher Sawyer
Chief Executive, Deltron Electronics plc     01638 561156 

Andy Yeo/Kirsty Swan
Buchanan Communications                      0171 466 5000


END


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