SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES                   

All relevant boxes should be completed in block capital letters.

1. Name of company                   2. Name of shareholder having a major     
                                        interest                               
   PREMIER FARNELL PLC                                                         
                                        ZURICH FINANCIAL SERVICES AND ITS GROUP

3. Please state whether notification 4. Name of the registered holder(s) and,  
   indicates that it is in respect      if more than one holder, the number of 
   of holding of the shareholder        shares held by each of them            
   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                                                               
                                                                               
   NOT DISCLOSED                                                               

5. Number of      6. Percentage of  7. Number of shares 8. Percentage of      
   shares/amount     issued class      /amount of stock    issued class       
   of stock                            disposed                               
   acquired          N/A                                   N/a                
                                       Not disclosed                          
   N/A                                                                        

9. Class of security                10. Date of          11. Date company      
                                        transaction          informed          
   Ordinary 5p shares of 5p each                                               
                                        Not disclosed        18 February 2003  

12. Total holding following this     13. Total percentage holding of issued    
    notification                         class following this notification     
                                                                               
    Not Disclosed                        Not disclosed                         

14. Any additional information       15. Name of contact and telephone number  
                                         for queries                           
    The Company has been informed                                              
    that Zurich Financial Services       Steven Webb                           
    and its Group no longer has a                                              
    notifiable interest over shares      Company Secretary                     
    in the Company.                                                            
                                         0113 387 5276                         

16. Name and signature of authorised company official responsible for making   
    this notification                                                          
                                                                               
    Steven Webb                                                                
                                                                               
    Company Secretary                                                          
                                                                               
    Premier Farnell plc                                                        
                                                                               
    150 Armley Road                                                            
                                                                               
    LEEDS LS12 2QQ                                                             
                                                                               
Date of notification 18 February 2003                                          



END