Press Releases

Premier Farnell Americas Joins Green Certified Electronics Recycling Initiative as Part of its Ongoing Environmental Program

CHICAGO, April 15, 2010

Premier Farnell plc (LSE:pfl),the leading multi-channel, high service electronics distributor supporting millions of engineers and purchasing professionals globally, announced today that its businesses in the Americas (Newark element14, MCM, TPC Wire & Cable & Akron Brass), have joined a select group of companies and institutions known as e-Stewards® Enterprises, who have committed to use electronics recyclers that meet the world's highest standards for responsible recycling.

Premier Farnell has earned a number of accolades for its environmental program aimed at reducing energy consumption and decreasing the overall environmental impacts of its own operations. Recently, it was awarded the Carbon Trust Standard (CTS) for measuring, managing and reducing its carbon footprint for its UK-based operations and committing to further reductions year on year. The company has already reduced its global carbon footprint by 20% within a period of three years. Premier Farnell is also recognized by the Business in the Community Corporate Responsibility (CR) Index and has already achieved Platinum status in the environment category, and Gold status for its overall commitment to Corporate Responsibility.

"We have pledged to use e-Stewards recyclers to assure that our computer-related electronic waste will be responsibly recycled, and will not be exported to developing countries," comments Ken Manchen, Corporate Director, Safety, Health & Environment Affairs, Premier Farnell, Americas. "E-steward recyclers submit to third party verification audits, and e-steward standards are the best in the business."

The e-Stewards Recycler Certification standard ensures that recyclers will never export hazardous e-wastes to developing countries, dump them in municipal landfills or incinerators, or use prison populations as labor.

About Premier Farnell

Premier Farnell plc (LSE:pfl) is a leading high service, multi-channel distributor of electronic, and industrial products and specialist services throughout Europe, the Americas and Asia Pacific. It goes to market with a differentiated value proposition, world-class marketing, a stocked range of 450,000+ products, and access to 4,000,000 more items from 3,500 top manufacturers. The company has group sales o £823.1m and over 4,100 employees globally.

While global in scope, Premier Farnell recognises the individual needs of each market and has continued to internationalise its model accordingly, trading locally under different brand names. Its primary electronics businesses trade as Farnell in the UK, India, Europe, Australia and New Zealand, Newark element14 in the US, Canada and Mexico, and Premier Electronics in China and Hong Kong. In Singapore, Malaysia, and Brazil the operation is known as Farnell Newark element14.

Premier Farnell has participated in the Business in the Community CR Index for three years. The company is also a member of the FTSE4Good Index of Corporate and Social Responsibility and has published its own Corporate Social Responsibility report since 2002.

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Janice Fleisher