Director Shareholding

Volex Group PLC
21 June 2004

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company
Volex Group plc

2. Name of director
Mark 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 a non-beneficial
interest
-

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

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

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

7. Number of shares / amount of stock acquired
-

8. Percentage of issued class
-

9. Number of shares/amount of stock disposed
-

10. Percentage of issued class
-

11. Class of security
-

12. Price per share
-

13. Date of transaction
-

14. Date company informed
-

15. Total holding following this notification
-

16. Total percentage holding of issued class following this notification
-

If a director has been granted options by the company please complete the
following boxes.

17. Date of grant
21st June 2004

18. Period during which or date on which exercisable
21st June 2007 to 20th June 2014

19. Total amount paid (if any) for grant of the option
Not applicable

20. Description of shares or debentures involved: class, number
40,000 Ordinary 25p shares

21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise
147.5p

22. Total number of shares or debentures over which options held following this
notification
132,461 Ordinary 25p shares

23. Any additional information
The option was granted under the Volex 2001 Share Option Plan.  Exercise of the
option is subject to the satisfaction of a financial performance condition over
a single performance period of three years.

24. Name of contact and telephone number for queries
Mark Ashcroft
Director and Secretary
01925 830101

25. Name and signature of authorised company official responsible for making
this notification
Mark Ashcroft

Date of Notification
21st June 2004



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