Premier Farnell plc             16 October 2014

The company announces that it has completed the refinancing of its banking debt
with the amendment and extension of its club facilities with Barclays, Bank of
America, Fifth Third Bank, HSBC, RBS and Santander. These multicurrency
revolving facilities have been extended to £250m expiring in September 2019.
This follows the successful refinancing of the company's US Private Placement
due in August 2016 to 2024.  These facilities give the group the medium term
funding security to execute its strategy with confidence and provide the
opportunity to consider repaying existing, more expensive debt.


For further information, contact:

Laurence Bain,
Chief Executive Officer          Premier Farnell plc    +44 (0) 20 7851 4107

Mark Whiteling,
Chief Financial Officer

Thomas Churchill,
Investor Relations

Richard Mountain                 FTI Consulting         +44 (0) 20 3727 1374


Premier Farnell's announcements and presentations are published at
www.premierfarnell.com together with business information and links to all other
Group web sites.

An interim management statement will be announced on 14 November 2014.