Holding(s) in Company

Volex Group PLC
30 June 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company
Volex Group p.l.c.

2. Name of shareholder having a major interest
BriTel Fund Trustees Limited The Trustees of BT Pension Scheme

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
Holding of shareholder 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
BriTel Fund Nominees Ltd

5. Number of shares / amount of stock acquired
Not Disclosed

6. Percentage of issued class
Not Disclosed

7. Number of shares / amount of stock disposed
-

8. Percentage of issued class
-

9. Class of security
Ordinary 25p

10. Date of transaction
Not Disclosed





11. Date company informed
30th June 2003

12. Total holding following this notification
2,303,488 shares

13. Total percentage holding of issued class following this notification
8.053%

14. Any additional information
Notification received confirmed holding as at 27th June 2003

15. Name of contact and telephone number for queries
Mark Ashcroft

Director of Corporate Affairs and Company Secretary

01925 830101

16. Name and signature of authorised company official responsible for making
this notification
Mark Ashcrodt

Date of notification
30th June 2003

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.


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