Director Shareholding

Volex Group PLC
4 April 2001



                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

VOLEX GROUP P.L.C.


2)  NAME OF DIRECTOR

MR M ASHCROFT


3)  Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a
    non-beneficial interest or in the case of an individual holder
    if it is a holding of that person's spouse or children under the
    age of 18 or in respect of an non-beneficial interest

DIRECTOR NAMED IN (2) ABOVE AND HIS SPOUSE


4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

MR M ASHCROFT                         3,408
MRS S.A. ASHCROFT                     5,226

TOTAL                                 8,634


5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)


DIRECTOR NAMED IN (2) ABOVE AND HIS SPOUSE

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

HOLDING AT DATE OF APPOINTMENT


7)  Number of shares/amount of
    stock acquired

N/A


8)   (N/A %)
    of issued Class


9)  Number of shares/amount
    of stock disposed

N/A

10)  ( N/A %)
    of issued Class


11) Class of security

25P ORDINARY


12) Price per share

N/A

13) Date of transaction

N/A

14) Date company informed

N/A

15) Total holding following this notification

8,634

16) Total percentage holding of issued class following this notification

0.03%

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

PLEASE SEE SCHEDULE BELOW

18) Period during which or date on which exercisable



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



20) Description of shares or debentures involved: class, number.



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



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



23) Any additional information

HOLDINGS AS AT 16 MARCH 2001 (DATE OF APPOINTMENT)


24) Name of contact and telephone number for queries

MR M ASHCROFT   01925 830101

25) Name and signature of authorised company official responsible for
    making this notification

   Date of Notification     4TH APRIL 2001



                           VOLEX GROUP P.L.C.

NOTIFICATION OF SHARE INTERESTS OF MR M ASHCROFT AS AT THE DATE OF APPOINTMENT
AS A DIRECTOR

SHARE OPTIONS

The following share options in respect of 25p Ordinary Share of Volex Group
p.l.c. have been granted to Mr Ashcroft and remain outstanding as at 16th March
2001, being the date of his appointment as a Director of the Company.

Date of Grant      No. of Shares    Exercise Price    Exercise Period

21.07.98               5,000           £6.10 each    21.07.01 - 20.07.08
08.07.99               8,500           £6.225 each   08.07.02 - 07.07.09
03.07.00              10,000           £14.75 each   03.07.03 - 02.07.10
12.07.96                 853           £3.64 each    01.09.01 - 28.02.02
11.07.99                 312           £3.31 each    01.09.02 - 28.02.03
10.07.98                 667           £5.17 each    01.09.03 - 28.02.04
09.07.99                 281           £4.82 each    01.09.02 - 28.02.03
09.07.99                 210           £4.82 each    01.09.04 - 28.02.05
07.07.00                 289           £10.51 each   10.09.05 - 28.02.05

                      26,112  shares