Rayleigh's method is used to find the electric potentials of a composite of poly-dispered spherical particles in a linear continuum in an external electric field. Based on the solutions of potentials, analytical formula for the effective electric conductivity is derived. Based on the formula, several factors, such as the number of spherical inclusions, the spatial distribution of the spheres, the contrast ratio sigma(i)/sigma(h) (where, sigma(i) and sigma(h) are the conductivities of the spherical inclusion and the host medium, respectively) and volume fraction of the inclusions, are discussed. Our results show that at high volume fraction, the effective conductivity is also affected by the spatial distribution of the inclusions. (C) 2003 Kluwer Academic Publishers.