Holding(s) in Company

Volex Group PLC
8 November 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     VOLEX GROUP P.L.C.

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     FMR CORP.
     FIDELITY INTERNATIONAL LIMITED
     MR. EDWARD C. JOHNSON 3D

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

     SHAREHOLDING 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.

     HSBC                             250,000
     CHASE NOMINEES LTD               561,754
     CHASE MANHATTAN BANK LONDON      295,700

5)   Number of shares/amount of stock acquired.

     -

6)   (N/A%) of issued Class

7)   Number of shares/amount of stock disposed

     -

8)   (N/A%) of issued Class

9)   Class of security

     25P ORDINARY

10)  Date of transaction

     NOT DISCLOSED 

11)  Date company informed

     8TH NOVEMBER 2002

12)  Total holding following this notification

     1,107,445
               
13)  Total percentage holding of issued class following this notification

     3.87%

14)  Any additional information

     MR. EDWARD C. JOHNSON 3D IS A PRINCIPAL SHAREHOLDER OF FMR CORP & FIDELITY
     INTERNATIONAL LIMITED

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 ...8TH NOVEMBER 2002..............



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