Holding(s) in Company

Volex Group PLC
19 February 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     VOLEX GROUP P.L.C.

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     BRITANNIC INVESTMENT MANAGERS LTD

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.

     CHASE NOMINEES LTD     2,566,642

5)   Number of shares/amount of stock acquired.

     NIL

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     65,605

8)   ( 0.23 %) of issued Class

9)   Class of security

     25P ORDINARY

10)  Date of transaction

     NOT PROVIDED

11)  Date company informed

     18TH FEBRUARY 2002

12)  Total holding following this notification

     2,566,642
               
13)  Total percentage holding of issued class following this notification

      8.97%

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  19TH FEBRUARY 2002



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