ELECO plc

("Eleco" or the "Company")

Amendment re. Issue of Equity

The following amendment has been made to the 'Issue of Equity' announcement released on 19 August 2014 at 4:03pm under RNS No 5612P.

The issued share capital should have stated 74,867,127 ordinary shares following Admission.

All other details remain unchanged.

The full amended text is shown below.

The Company announces that it has entered into an agreement with a private investor to subscribe for 1,000,000 ordinary shares of 10p each in the Company at a price of 20.75p per ordinary share, conditional on Admission (defined below). The subscription is in accordance with allotment authorities granted by Shareholders at the Company's Annual General Meeting on 30 June 2014.

Accordingly, an application has been made for 1,000,000 ordinary of 10p each to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur at 8.00 a.m. on 21 August 2014. Following Admission, the Company's issued share capital will consist of 74,867,127 ordinary shares of 10p each. The above figure of 74,867,127 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules

Enquiries: