RNS Number:2526D
Eleco PLC
4 January 2000

Clarification of Notified Substantial Interests in Shares

Schroder Investment Management Limited ("Schroder") has today, 4 January 2000,
confirmed that, as a result of transactions that took place in 1995 and 1997,
their interests in the Ordinary 10p Shares of Eleco plc (the "Company")
currently stand at 3,770,000 shares, representing 9.76% of the Company's issued
Ordinary Share capital.  The most recent previous notification received from
Schroder pursuant to Section 198 of the Companies Act 1985 was dated 24 May 1995
and disclosed a total interest of 13.90%.

The Company understands that there have not been any further changes in
Schroder's percentage holding in the Company's shares since 1997.  This
announcement is therefore made for clarification purposes only.

END

HOLBIMFTMMIMBIM


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