RNS No 1418k
ELECO HOLDINGS PLC
2nd November 1998


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Eleco Holdings plc

2   Name of shareholder having a major interest:
Goldcrest Trust    &
Boston Investment Management Group Ltd Retirement Benefit Scheme
(in concert)

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:
Shareholders named in 2

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Goldcrest Trust                                                      375,000
Boston Investment Management Group Ltd Retirement Benefit Scheme     825,000

5   Number of shares/amount of stock acquired:
75,000

6   Percentage of issued class:
0.19%

7   Number of shares/amount of stock disposed:


8   Percentage of issued class:


9   Class of security:
Ordinary Shares 10 pence

10  Date of transaction:
29 October 1998

11  Date company informed:
2 November 1998

12  Total holding following this notification:
1,200,000

13  Total percentage holding of issued class following this notification:
3.1%

14  Contact name for queries:
Philip J Gravett

15 Contact telephone number:
01992 440311

16  Name of company official responsible for making notification:
Company Secretary

17  Date of notification:
2 November 1998

Additional Information:

END

HOLFSAFWEUAUFEF


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