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

     LEGAL & GENERAL INVESTMENT MANAGEMENT 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

     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.

     STATE STREET NOMINEES A/C Q4AY                       10,000
     STATE STREET NOMINEES A/C QO19                      207,000
     HSBC GLOBAL CUSTODY NOM (UK) LTD A/C 775245          62,967
     HSBC GLOBAL CUSTODY NOM (UK) LTD A/C 360509          18,505
     HSBC GLOBAL CUSTODY NOM (UK) LTD A/C 357206         395,652
     HSBC GLOBAL CUSTODY NOM (UK) LTD A/C 747381          42,120
     HSBC GLOBAL CUSTODY NOM (UK) LTD A/C 363605          53,137
     HSBC GLOBAL CUSTODY NOM (UK) LTD A/C 886203          22,500

5)   Number of shares/amount of stock acquired.

     -

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     200,000

8)   (0.7%) of issued Class

9)   Class of security

     25p ORDINARY

10)  Date of transaction

     6th NOVEMBER 2002

11)  Date company informed

     8th NOVEMBER 2002

12)  Total holding following this notification

     811,881
               
13)  Total percentage holding of issued class following this notification

     2.84%

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 ....8th NOVEMBER 2002.......

                      This information is provided by RNS
            The company news service from the London Stock Exchange