PFL.L Regulatory News (PFL)

13 Dec 2010 14:46

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of Premier Farnell Plc existing shares to which voting rights are attached:ii 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights YES

An acquisition or disposal of qualifying financial instruments which may result

in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights

Other (please specify): 3. Full name of person(s) subject to the JPMorgan Asset Management Holdings Inc. notification obligation:iii 4. Full name of shareholder(s) (if different from JPMorgan Asset Management (UK) Limited 3.):iv JPMorgan Investment Management Inc. JPMorgan Asset Management (Taiwan) Limited JPMorgan Chase Bank, National Association

5. Date of the transaction and date on which the 09 December 2010 threshold is crossed or reached: v 6. Date on which issuer notified: 10 December 2010 7. Threshold(s) that is/are crossed or reached: vi,

5% Downwards vii 8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of Situation previous to the Resulting situation after the triggering

shares if possible triggering transaction transaction using the ISIN CODE Number of Number of Number of Number of voting % of voting Shares Voting Rights shares rights rights x Direct Direct Indirect Direct Indirect xi xii GB0003318416 18,421,253 18,421,253 Below 5% Below 5%

B: Qualifying Financial Instruments Resulting situation after the triggering transaction

Type of financial instrument Expiration Exercise/ Conversion Number of voting % of voting

date Period xiv rights that may be rights xiii acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction Type of financial Exercise Expiration Exercise/ Number of voting % of voting instrument price date Conversion period rights instrument rights xix, xx xvii xviii refers to Nominal Delta Contract for Below 5% Difference Below 5% Total (A+B+C) Number of voting rights Percentage of voting rights Below 5% Below 5%

9. Chain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held, if applicable: xxi Total disclosable holding for JPMorgan Asset Management Holdings Inc : JPMorgan Asset Management (UK) Limited JPMorgan Investment Management Inc. JPMorgan Asset Management (Taiwan) Limited JPMorgan Chase Bank, National Association

Proxy Voting:

10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting

N/A rights: 13. Additional information: N/A 14. Contact name: Kartik Parekh

15. Contact telephone number:

020 7325 9387