Holding in Company

Volex Group PLC
4 April 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     VOLEX GROUP P.L.C

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     HALIFAX GROUP P.L.C

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

     MATERIAL INTERESTS UNDER PART VI OF THE COMPANIES ACT 1985

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

                            INTEREST OF HALIFAX GROUP PLC                     
      REGISTERED HOLDER                                    CURRENT HOLDING 
      Chase Nominees Ltd A/c CMIG5061                              402,250 
      Chase Nominees Ltd A/c CMIG2314                              234,583 
      Chase Nominees Ltd A/c CMIG2340                               51,260 
      Globenet Nominees Ltd A/c HLFXLF                              72,295 
      Globenet Nominees Ltd A/c HLFXLF                              43,840 
      Globenet Nominees Ltd A/c HLFXLF                              98,260 
      Globenet Nominees Ltd A/c HLFXLF                               2,604 
      Globenet Nominees Ltd A/c HLFXLF                               1,441 
      Globenet Nominees Ltd A/c HLFXLF                               2,820 
      HSBC Global Custody Nominees (UK) Ltd A/c 744285                 672 
      CMI - UK Tracking Fund                                         1,000 
                                                                   911,025 
 


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

     4 APRIL 2001

12)  Total holding following this notification

     911,025
               
              
13)  Total percentage holding of issued class following this notification

      3.189%

14)  Any additional information

     NEW NOTIFICATION OF MAJOR INTEREST

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 ....4 APRIL 2001....................