Holding in Company

Volex Group PLC
10 September 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     VOLEX GROUP PLC

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

     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.

     PRUCLT HSBC GIS NOM (UK) PAC AC                    935,000
     PRUCLT HSBC GIS NOM (UK) PPL AC                    418,184
     PRUCLT HSBC GIS NOM (UK) AC                          2,500
     ROY NOMS LTD 578141                                 77,945

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

     10 SEPTEMBER 2001

12)  Total holding following this notification

      1,433,629
               
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 - 01925 830101

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


     Date of Notification 10TH SEPTEMBER 2001