Premier Farnell : Statement re Premier Farnell plc

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 OR REGULATIONS OF SUCH JURISDICTION

RNS release, 28 July 2016

Statement regarding Premier Farnell plc

Further to the previous announcements made by Dätwyler Holding AG ('Datwyler') regarding its offer for Premier Farnell plc ('Premier Farnell'), Datwyler notes the announcements today by the Boards of Avnet, Inc. ('Avnet') and Premier Farnell regarding the cash offer for Premier Farnell made by Avnet at 185 pence per share.

Datwyler is currently considering its options and will make a further announcement in due course as appropriate.

Enquiries

Datwyler: +41 41 875 19 00

Guido Unternährer, Head of Corporate Communications

UBS Investment Bank (Financial Adviser to Datwyler): +44 (0) 20 7567 8000

Jonathan Rowley

Martin Kesselring

Jean-Baptiste Petard

Sandip Dhillon

Datwyler Group (www.datwyler.com)

The Datwyler Group is a focused industrial supplier with leading positions in global and regional market segments. With its technological leadership and customised solutions, the Group delivers added value to customers in the markets served. Datwyler concentrates on markets that offer opportunities to create more value and sustain profitable growth. The Technical Components division is one of Europe's foremost high-service distributors of electronic, ICT and automation components and accessories. The Sealing Solutions division is a leading supplier of custom sealing solutions to global market segments, such as the health care, automotive, civil engineering and consumer goods industries. With a total of more than 50 operating companies, sales in over 100 countries and some 7,000 employees, the Datwyler Group reported annual net revenue of some CHF1,165 million for the financial year ending 31 December 2015. The Group has been listed on the SIX Swiss Exchange since 1986 (security number 3048677).

Additional information

The distribution of this RNS release in jurisdictions outside the United Kingdom may be restricted by law and therefore persons into whose possession this RNS release comes should inform themselves about, and observe, such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.

Overseas jurisdictions

This RNS release is not intended to, and does not, constitute or form part of any offer, invitation or the

solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities whether pursuant to this RNS release or otherwise.

Important notices relating to the financial adviser

UBS Limited which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the UK together with UBS AG which is supervised by the Swiss Financial Market Supervisory Authority FINMA in Switzerland (collectively 'UBS') are acting as financial advisers to Datwyler and no one else in connection with the matters set out in this RNS release. 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 RNS release or any other matter referred to herein.