NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR
    FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
    RELEVANT LAWS OF SUCH JURISDICTION

    26 July 2016

                                RECOMMENDED CASH OFFER                             

                                          for                                      

                        Premier Farnell plc ("Premier Farnell")                    

                                          by                                       

                  Datwyler Technical Components UK Limited ("Bidco")               

                             a wholly owned subsidiary of                          

                           Dätwyler Holding AG ("Datwyler")                        

               to be effected by means of a scheme of arrangement under            
                           Part 26 of the Companies Act 2006                       

                    SATISFACTION OF GERMAN MERGER CONTROL CONDITION                

    The boards of Datwyler and Premier Farnell announce that Bidco has received
    clearance from the German Federal Cartel Office (the Bundeskartellamt) under
    Section 36(1) of the German Act Against Restrictions of Competition in respect
    of the acquisition by Bidco of the entire issued and to be issued share capital
    of Premier Farnell and, accordingly, the Condition at paragraph 1.3(C) of Part
    Three of the scheme document posted to Premier Farnell Shareholders on 5 July
    2016 (the "Scheme Document") has been satisfied.

    This announcement is made further to the announcement by the boards of Datwyler
    and Premier Farnell on 22 July 2016 with respect to satisfaction of the US
    merger control Condition.  Completion of the Acquisition remains subject to the
    satisfaction or (if capable of waiver) waiver of the remaining Conditions to
    the Acquisition set out in Part Three of the Scheme Document, including the
    sanction of the Scheme by the Court.

    Capitalised terms in this announcement (the "Announcement"), unless otherwise
    defined, have the same meanings as set out in the Scheme Document.

    Enquiries

    Datwyler:                          +41 41 875 19 00                               
                                                                                      
    Guido Unternährer                                                                 
    Head of Corporate Communications                                                  
                                                                                      
    UBS Investment Bank (Financial     +44 (0) 20 7567 8000                           
    Adviser to Datwyler):                                                             
                                                                                      
    Jonathan Rowley                                                                   
                                                                                      
    Martin Kesselring                                                                 
                                                                                      
    Jean-Baptiste Petard                                                              
                                                                                      
    Sandip Dhillon                                                                    
                                                                                      
    Premier Farnell:                   +44 (0) 207 851 4107                           
                                                                                      
    Paul Sharma                                                                       
    Investor Relations                                                                
                                                                                      
    Lazard (Financial Adviser to       +44 (0) 207 187 2000                           
    Premier Farnell):                                                                 
                                                                                      
    Nicholas Shott                                                                    
    Cyrus Kapadia                                                                     
    Vasco Litchfield                                                                  
    Eugene Schreider                                                                  
                                                                                      
    FTI Consulting (PR Adviser to      +44 (0) 203 727 1340                           
    Premier Farnell):                                                                 
                                                                                      
    Richard Mountain                                                                  
    Andrew Lorenz                                                                     
                                                                                      
    Barclays (Joint Corporate Broker   +44 (0) 207 623 2323                           
    to Premier Farnell):                                                              
                                                                                      
    Mark Astaire                                                                      
                                                                                      
    Nicola Tennent                                                                    
                                                                                      
    Richard Bassingthwaighte                                                          
                                                                                      
    Jefferies (Joint Corporate Broker  +44 (0) 207 029 8000                           
    to Premier Farnell):                                                              
                                                                                      
    Chris Zeal                                                                        
                                                                                      
    Max Jones                                                                         

    Important notices

    UBS Limited which is authorised by the PRA and regulated by the FCA and the PRA
    in the UK together with UBS AG which is supervised by the Swiss Financial
    Market Supervisory Authority FINMA in Switzerland are acting as financial
    advisers to Datwyler and Bidco and no one else in connection with the matters
    set out in this Announcement. In connection with such matters, UBS, its
    affiliates, and its or their respective directors, officers, employees and
    agents will not regard any other person as their client, nor will they be
    responsible to any other person for providing the protections afforded to their
    clients or for providing advice in relation to the contents of this
    Announcement or any other matter referred to herein.

    Lazard & Co., Limited ("Lazard"), which is authorised and regulated in the UK
    by the FCA, is acting exclusively as financial adviser to Premier Farnell and
    no one else in connection with the Acquisition and will not be responsible to
    anyone other than Premier Farnell for providing the protections afforded to
    clients of Lazard nor for providing advice in relation to the Acquisition or
    any other matters referred to in this Announcement. Neither Lazard nor any of
    its affiliates owes or accepts any duty, liability or responsibility whatsoever
    (whether direct or indirect, whether in contract, in tort, under statute or
    otherwise) to any person who is not a client of Lazard in connection with this
    Announcement, any statement contained herein or otherwise.

    Barclays Bank PLC, acting through its Investment Bank ("Barclays"), which is
    authorised by the PRA and regulated in the United Kingdom by the FCA and the
    PRA, is acting exclusively for Premier Farnell and no one else in connection
    with the Acquisition and will not be responsible to anyone other than Premier
    Farnell for providing the protections afforded to clients of Barclays nor for
    providing advice in relation to the Acquisition or any other matter referred to
    in this Announcement.

    Jefferies International Limited ("Jefferies"), which is authorised and
    regulated in the UK by the FCA, is acting as Broker to Premier Farnell and no
    one else in connection with the Acquisition and will not be responsible to
    anyone other than Premier Farnell for providing the protections afforded to
    clients of Jefferies nor for providing advice in relation to the Acquisition or
    any other matters referred to in this Announcement. Neither Jefferies nor any
    of its affiliates owes or accepts any duty, liability or responsibility
    whatsoever (whether direct or indirect, whether in contract, in tort, under
    statute or otherwise) to any person who is not a client of Jefferies in
    connection with this Announcement, any statement contained herein or otherwise.

    Further information

    This Announcement is for information purposes only and is not intended to, and
    does not, constitute or form part of any offer or invitation, or the
    solicitation of an offer, to purchase, otherwise acquire, subscribe for, sell
    or otherwise dispose of, any securities or the solicitation of any vote or
    approval in any jurisdiction pursuant to the Acquisition or otherwise. The
    Acquisition will be implemented solely pursuant to the terms of the Scheme
    Document, which will contain the full terms and conditions of the Acquisition,
    including details of how to vote in respect of the Acquisition. Any decision in
    respect of, or other response to, the Acquisition should be made only on the
    basis of the information contained in the Scheme Document.

    This Announcement does not constitute a prospectus or prospectus equivalent
    document.

    Bidco reserves the right to elect, with the consent of the Panel and in
    accordance with the terms of the Bid Conduct Agreement, to implement the
    Acquisition by way of a Takeover Offer. In such event, such Takeover Offer will
    be implemented on the same terms, so far as applicable, as those which would
    apply to the Scheme, subject to appropriate amendments to reflect the change in
    methods of effecting the Acquisition, including (without limitation and subject
    to the consent of the Panel) an acceptance condition that is set at 75 per
    cent., where the Premier Farnell Directors consent to a switch from a Scheme to
    a Takeover Offer, or 90 per cent., where there is no such consent, or in each
    case such lesser percentage as Bidco may elect after, to the extent necessary,
    consultation with the Panel, being in any event more than 50 per cent.: (i) in
    nominal value of the shares to which such Takeover Offer would relate; and (ii)
    of the voting rights attached to those shares, including, for this purpose, any
    such voting rights attaching to Premier Farnell Shares that are unconditionally
    allotted or issued before the Takeover Offer becomes or is declared
    unconditional as to acceptances, whether pursuant to the exercise of any
    outstanding subscription or conversion rights or otherwise.

    Overseas jurisdictions

    The release, publication or distribution of this Announcement in jurisdictions
    other than the UK may be restricted by law and therefore any persons who are
    subject to the laws of any jurisdiction other than the UK should inform
    themselves about, and observe any applicable requirements. In particular, the
    ability of persons who are not resident in the UK to vote their Premier Farnell
    Shares with respect to the Scheme at the Court Meeting, or to execute and
    deliver forms of proxy appointing another to vote at the Court Meeting on their
    behalf, may be affected by the laws of the relevant jurisdictions in which they
    are located. This Announcement has been prepared for the purpose of complying
    with English law and the Code and the information disclosed may not be the same
    as that which would have been disclosed if this Announcement had been prepared
    in accordance with the laws of jurisdictions outside the UK.

    No person may vote in favour of the Acquisition by any use, means,
    instrumentality or form within a Restricted Jurisdiction or any other
    jurisdiction if to do so would constitute a violation of the laws of that
    jurisdiction. Accordingly, copies of this Announcement and any formal
    documentation relating to the Acquisition are not being, and must not be,
    directly or indirectly, mailed or otherwise forwarded, distributed or sent in
    or into or from any Restricted Jurisdiction and persons receiving such
    documents (including custodians, nominees and trustees) must not mail or
    otherwise forward, distribute or send it in or into or from any Restricted
    Jurisdiction. If the Acquisition is implemented by way of a Takeover Offer
    (unless otherwise permitted by applicable law and regulation), the Takeover
    Offer may not be made directly or indirectly, in or into, or by the use of
    mails or any means or instrumentality (including, but not limited to,
    facsimile, e-mail or other electronic transmission, telex or telephone) of
    interstate or foreign commerce of, or of any facility of a national, state or
    other securities exchange of any Restricted Jurisdiction and the Takeover Offer
    may not be capable of acceptance by any such use, means, instrumentality or
    facilities.

    Additional information for US investors

    The Acquisition relates to the shares of an English company and is being made
    by means of a scheme of arrangement provided for under English company law. A
    transaction effected by means of a scheme of arrangement is not subject to the
    tender offer rules or the proxy solicitation rules under the US Exchange Act.
    Accordingly, the Acquisition is subject to the disclosure requirements and
    practices applicable in the UK to schemes of arrangement which differ from the
    disclosure requirements of US tender offer and proxy solicitation rules. If, in
    the future, Bidco exercises the right to implement the Acquisition by way of a
    takeover offer and determines to extend the offer into the US, the Acquisition
    will be made in compliance with applicable US laws and regulations. Financial
    information included in this Announcement and the Scheme Document has been or
    will have been prepared in accordance with non-US accounting standards that may
    not be comparable to financial information of US companies or companies whose
    financial statements are prepared in accordance with generally accepted
    accounting principles in the US.

    It may be difficult for US holders of Premier Farnell Shares to enforce their
    rights and any claim arising out of the US federal laws, since Bidco and
    Premier Farnell are located in a non-US jurisdiction, and some or all of their
    officers and directors reside outside of the US. Therefore, US holders of
    Premier Farnell Shares may not be able to sue a non-US company or its officers
    or directors in a non-US court for violations of the US securities laws.
    Further, it may be difficult to compel a non-US company and its affiliates to
    subject themselves to a US court's judgment.

    Neither the SEC nor any securities commission of any state of the United States
    has approved the Acquisition, passed upon the fairness of the Acquisition or
    passed upon the adequacy or accuracy of this document. Any representation to
    the contrary is a criminal offence in the United States.

    Bidco reserves the right, subject to the prior consent of the Panel and the
    terms of the Bid Conduct Agreement, to elect to implement the Acquisition by
    way of a Takeover Offer. If the Acquisition is implemented by way of a Takeover
    Offer, it will be done in compliance with the applicable tender offer rules
    under the US Exchange Act, including Section 14(e) of the US Exchange Act and
    Regulation 14E thereunder. In accordance with normal UK practice and pursuant
    to Rule 14e-5(b) of the US Exchange Act, Bidco, certain affiliated companies
    and the nominees or brokers (acting as agents) may make certain purchases of,
    or arrangements to purchase, shares in Premier Farnell outside such a Takeover
    Offer during the period in which such a Takeover Offer would remain open for
    acceptance. If such purchases or arrangements to purchase were to be made, they
    would be made outside the US and would comply with applicable law, including
    the US Exchange Act. These purchases may occur either in the open market at
    prevailing prices or in private transactions at negotiated prices. Any
    information about such purchases will be disclosed as required in the UK, will
    be reported to the Regulatory News Service of the London Stock Exchange and
    will be available on the London Stock Exchange website at http://
    www.londonstockexchange.com/prices-and-news/prices-news/home.htm.

    Forward looking statements

    This Announcement may contain certain forward-looking statements with respect
    to the financial condition, results of operations and business of Datwyler or
    Premier Farnell and certain plans and objectives of Datwyler with respect
    thereto. These forward-looking statements can be identified by the fact that
    they do not relate to historical or current facts. Forward-looking statements
    also often use words such as "anticipate", "target", "expect", "estimate",
    "intend", "plan", "goal", "believe", "hope", "aims", "continue", "will", "may",
    "should", "would", "could", or other words of similar meaning. These statements
    are based on assumptions and assessments made by Premier Farnell and/or
    Datwyler in light of their experience and their perception of historical
    trends, current conditions, future developments and other factors they believe
    appropriate. By their nature, forward-looking statements involve risk and
    uncertainty, because they relate to events and depend on circumstances that
    will occur in the future and the factors described in the context of such
    forward-looking statements in this Announcement could cause actual results and
    developments to differ materially from those expressed in or implied by such
    forward-looking statements. Although it is believed that the expectations
    reflected in such forward-looking statements are reasonable, no assurance can
    be given that such expectations will prove to be correct and you are therefore
    cautioned not to place undue reliance on these forward-looking statements which
    speak only as at the date of this Announcement. Neither Premier Farnell nor
    Datwyler assumes any obligation to update or correct the information contained
    in this Announcement (whether as a result of new information, future events or
    otherwise), except as required by applicable law.

    There are several factors which could cause actual results to differ materially
    from those expressed or implied in forward-looking statements.  Among the
    factors that could cause actual results to differ materially from those
    described in the forward-looking statements are changes in the global,
    political, economic, business and competitive environments, market and
    regulatory forces, future exchange and interest rates, changes in tax rates,
    and future business combinations or dispositions.

    No profit forecast or estimates

    No statement in this Announcement is intended as a profit forecast or profit
    estimate for any period. No statement in this Announcement should be
    interpreted to mean that earnings per share for Premier Farnell or Datwyler, as
    appropriate, for the current or future financial years would necessarily match
    or exceed the historical published earnings per share for Premier Farnell or
    Datwyler, as appropriate.

    Dealing and Opening Position Disclosure Requirements of the Code

    Under Rule 8.3(a) of the Code, any person who is interested in one per cent. or
    more of any class of relevant securities of an offeree company or of any
    securities exchange offeror (being any offeror other than an offeror in respect
    of which it has been announced that its offer is, or is likely to be, solely in
    cash) must make an Opening Position Disclosure following the commencement of
    the offer period and, if later, following the announcement in which any
    securities exchange offeror is first identified.

    An Opening Position Disclosure must contain details of the person's interests
    and short positions in, and rights to subscribe for, any relevant securities of
    each of (i) the offeree company and (ii) any securities exchange offeror(s). An
    Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be
    made by no later than 3.30 p.m. (London time) on the 10th business day
    following the commencement of the offer period and, if appropriate, by no later
    than 3.30 p.m. (London time) on the 10th business day following the
    announcement in which any securities exchange offeror is first identified.
    Relevant persons who deal in the relevant securities of the offeree company or
    of a securities exchange offeror prior to the deadline for making an Opening
    Position Disclosure must instead make a Dealing Disclosure.

    Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in one
    per cent. or more of any class of relevant securities of the offeree company or
    of any securities exchange offeror must make a Dealing Disclosure if the person
    deals in any relevant securities of the offeree company or of any securities
    exchange offeror. A Dealing Disclosure must contain details of the dealing
    concerned and of the person's interests and short positions in, and rights to
    subscribe for, any relevant securities of each of (i) the offeree company and
    (ii) any securities exchange offeror, save to the extent that these details
    have previously been disclosed under Rule 8. A Dealing Disclosure by a person
    to whom Rule 8.3(b) applies must be made by no later than 3.30 p.m. (London
    time) on the business day following the date of the relevant dealing.

    If two or more persons act together pursuant to an agreement or understanding,
    whether formal or informal, to acquire or control an interest in relevant
    securities of an offeree company or a securities exchange offeror, they will be
    deemed to be a single person for the purpose of Rule 8.3.

    Opening Position Disclosures must also be made by the offeree company and by
    any offeror and Dealing Disclosures must also be made by the offeree company,
    by any offeror and by any persons acting in concert with any of them (see Rules
    8.1, 8.2 and 8.4).

    Details of the offeree and offeror companies in respect of whose relevant
    securities Opening Position Disclosures and Dealing Disclosures must be made
    can be found in the Disclosure Table on the Panel's website at
    www.thetakeoverpanel.org.uk, including details of the number of relevant
    securities in issue, when the offer period commenced and when any offeror was
    first identified. If you are in any doubt as to whether you are required to
    make an Opening Position Disclosure or a Dealing Disclosure, you should contact
    the Panel's Market Surveillance Unit on +44 (0)20 7638 0129.

    In accordance with the Code, normal United Kingdom market practice and Rule
    14e-5(b) of the US Exchange Act, Barclays and its affiliates will continue to
    act as exempt principal trader in Premier Farnell securities on the London
    Stock Exchange. These purchases and activities by exempt principal traders
    which are required to be made public in the United Kingdom pursuant to the Code
    will be reported to a Regulatory Information Service and will be available on
    the London Stock Exchange website at www.londonstockexchange.com. This
    information will also be publicly disclosed in the United States to the extent
    that such information is made public in the United Kingdom.

    Publication on website

    This Announcement will be available free of charge, subject to certain
    restrictions relating to persons resident in Restricted Jurisdictions, on
    Datwyler's website at www.datwyler.com and Premier Farnell's website at 
    www.premierfarnell.com by no later than 12.00 p.m. on the business day
    following this Announcement.

    Neither the content of any website referred to in this Announcement nor the
    content of any website accessible from hyperlinks is incorporated into, or
    forms part of, this Announcement.

    You may request a hard copy of this Announcement by contacting Premier Farnell
    on +44 (0) 207 851 4107. You may also request that all future documents,
    announcements and information to be sent to you in relation to the Acquisition
    should be in hard copy form.