Director/PDMR Shareholding

Volex Group PLC
02 February 2007


NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required
by DR 3.1.4R(1).


(1)      An issuer making a notification in respect of a transaction relating to the shares or debentures
         of the issuer should complete boxes 1 to 16, 23 and 24.
(2)      An issuer making a notification in respect of a derivative relating the shares of the issuer
         should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24.
(3)      An issuer making a notification in respect of options granted to a director/person discharging
         managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)      An issuer making a notification in respect of a financial instrument relating to the shares of
         the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and
         24.



Please complete all relevant boxes should in block capital letters.



1. Name of the issuer



VOLEX GROUP PLC

2. State whether the notification relates to (i) a transaction notified in
accordance with DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as
extended by section 328) of the Companies Act 1985; or

(iii) both (i) and (ii)

iii ABOVE

3. Name of person discharging managerial responsibilities/director

IAN DEGNAN

4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person

PERSON NAMED IN 3 ABOVE

5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest

PERSON NAMED IN 3 ABOVE

6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares

ORDINARY 25P

7. Name of registered shareholders(s) and, if more than one, the number of
shares held by each of them

SELF

8. State the nature of the transaction

ACQUISITION

9. Number of shares, debentures or financial instruments relating to shares
acquired

69,148 SHARES

10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)

0.12%

11. Number of shares, debentures or financial instruments relating to shares
disposed

NOT APPLICABLE

12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)

NOT APPLICABLE

13. Price per share or value of transaction

136.25p PER SHARE

14. Date and place of transaction

1st February 2007

15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage)

69,148 shares - 0.12%

16. Date issuer informed of transaction

1st FEBRUARY 2007

If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes



17 Date of grant

TWO GRANTS HAVE BEEN MADE ON 1st FEBRUARY 2007 AND 2nd FEBRUARY 2007
RESPECTIVELY

18. Period during which or date on which it can be exercised

1st FEBRUARY 2010 TO 1st FEBRUARY 2012

2nd FEBRUARY 2010 to 2nd FEBRUARY 2012

RESPECTIVELY

19. Total amount paid (if any) for grant of the option

NIL

20. Description of shares or debentures involved (class and number)

209,829 ORDINARY 25p SHARES

21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at the time of exercise

25p

22. Total number of shares or debentures over which options held following
notification

71,533 ORDINARY SHARES GRANTED ON 1st FEBRUARY 2007 AS A PERFORMANCE SHARE AWARD
UNDER THE VOLEX GROUP PLC LONG TERM INCENTIVE PLAN

138,296 ORDINARY SHARES GRANTED ON 2nd FEBRUARY 2007 AS A SHARE MATCHING AWARD
UNDER THE VOLEX GROUP PLC LONG TERM INCENTIVE PLAN

23. Any additional information

THE 69,148 ORDINARY SHARES ACQUIRED BY MR DEGNAN ON 1st FEBRUARY HAVE BEEN
PLEDGED WITH THE COMPANY UNTIL SUCH TIME AS HE IS ELIGIBLE TO EXERCISE THE SHARE
MATCHING AWARD. IN THE EVENT THAT MR DEGNAN SELLS ANY OF THE SHARES PLEDGED, THE
NUMBER OF SHARES SUBJECT TO THE SHARE MATCHING AWARD WOULD BE REDUCED ON A
PRO-RATA BASIS.

24. Name of contact and telephone number for queries

Wendy Tate

01925 830101

Name and signature of duly authorised officer of issuer responsible for making
notification

Wendy Tate

Company Secretary

Date of notification

2ND FEBRUARY 2007

END


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