RNS Number:1567H
Eleco PLC
13 March 2000


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     ELECO PLC    

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     GARTMORE FLEDGLING INDEX TRUST PLX

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

     IN RESPECT OF THE COMPANY NAMED IN 2 ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     BNY GIL CLIENT ACCOUNT (NOMINEES) LIMITED A/C GMT

5)   Number of shares/amount of stock acquired.

     938,000

6)   (2.43 %) of issued Class

7)   Number of shares/amount of stock disposed

      -

8)   ( - %) of issued Class

9)   Class of security

     ORDINARY 10P SHARES

10)  Date of transaction

     8 MARCH 2000

11)  Date company informed

     13 MARCH 2000

12)  Total holding following this notification


     1,213,000          
              
13)  Total percentage holding of issued class following this notification

     3.14%

14)  Any additional information

     ACQUIRED ON BEHALF OF THE BENEFICIAL OWNER BY GARTMORE INVESTMENT LIMITED  
    AS FUND MANAGEER

15)  Name of contact and telephone number for queries

     N J A TSAPPIS     01992 440311

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification .13 MARCH 2000..


END

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