Holding in Company

Volex Group PLC
7 September 2000


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

VOLEX GROUP PLC



2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

THE THROGMORTON TRUST PLC


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



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

HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED A/C 811644


5)   Number of shares/amount of stock acquired.

N/A


6)   ( N/A %) of issued Class


7)   Number of shares/amount of stock disposed

200,000


8)   ( 0.703% ) of issued Class


9)   Class of security

25p ORDINARY


10)  Date of transaction

6 SEPTEMBER 2000


11)  Date company informed

7 SEPTEMBER 2000


12)  Total holding following this notification

750,000
               
              
13)  Total percentage holding of issued class following this notification

2.637%


14)  Any additional information



15)  Name of contact and telephone number for queries

MR M ASHCROFT     01925 830101

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

     Date of Notification ... 7 SEPTEMBER 2000 .......................