PREMIER FARNELL LAUNCHES InOne BRAND                      

Premier Farnell plc (LSE:pfl, NYSE: PFP), the global marketer and distributor
of electronic maintenance and repair (MRO) and specialist products and
services, announces the rebranding of four companies within its Marketing
Distribution Division (MDD) over the next three months. This change
demonstrates to customers and suppliers the close alignment between these
businesses and will enhance the global collaboration between Newark, Farnell,
Buck & Hickman and MCM. The new trading names will be Newark InOne, Farnell
InOne, BuckHickman InOne and MCM, an InOne company.

InOne customers will now have access to over 3,000 suppliers, 400,000 products
worldwide and an unparalleled range of specialist services.

The one off cost of this rebranding will be �2.4m and will be taken in the
first quarter of the current financial year ending 1st February 2004.

John Hirst, Group CEO said "The InOne brand unites those companies who's
capabilities we are increasingly exploiting across their traditional business
boundaries. The InOne suffix enables us to retain the enormous goodwill of the
existing brands, while promoting the major improvements in product range and
services of the past few years to present and potential customers."

The Group will be announcing its Preliminary Results on Wednesday 19th March
2003.

For further information contact:

Premier Farnell plc     Nick Ross               020 7851 4100          
                                                                       
                        Caroline Walker         0870 129 8608          
                                                                       
Financial Dynamics      Richard Mountain        020 7269 7291          



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