Holding in Company

Volex Group PLC
22 January 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     VOLEX GROUP P.L.C.

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     The Prudential Assurance Company Limited

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

     Shareholder named in 2) above

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

     PRUCLT HSBC GIS NOM (UK) PAC AC:    905,000
     PRUCLT HSBC GIS NOM (UK) PPL AC:    339,384
                                       1,244,384

5)   Number of shares/amount of stock acquired.

     Not Disclosed

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     Not Disclosed

8)   ( N/A %) of issued Class

9)   Class of security

     25p ORDINARY

10)  Date of transaction

     Not Disclosed

11)  Date company informed

     22 January 2001

12)  Total holding following this notification

     1,244,384
               
              
13)  Total percentage holding of issued class following this notification

     4.36%

14)  Any additional information



15)  Name of contact and telephone number for queries

     MR. M. ASHCROFT: [phone]

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

     Date of Notification: 22 January 2001



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     VOLEX GROUP P.L.C.

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     PRUDENTIAL 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

     Shareholder named in 2) above

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

     M&G (Lombard St) Noms AA          78,000
     M&G (Lombard St) Noms FPE         33,816
     M&G (Lombard St) Noms FPM         77,945
     PRUCLT HSBC GIS NOM (UK) PAC AC  905,000
     PRUCLT HSBC GIS NOM (UK) PPL AC  339,384
                                    1,434,145

5)   Number of shares/amount of stock acquired.

     Not Disclosed

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     Not Disclosed

8)   ( N/A %) of issued Class

9)   Class of security

     25p ORDINARY

10)  Date of transaction

     Not Disclosed

11)  Date company informed

     22 January 2001

12)  Total holding following this notification

     1,434,145
               
              
13)  Total percentage holding of issued class following this notification

     5.02%

14)  Any additional information



15)  Name of contact and telephone number for queries

     MR. M. ASHCROFT: [phone]

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

     Date of Notification: 22 January 2001