Holding(s) in Company

Volex Group PLC
20 March 2003

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

      VOLEX GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

      (1) FMR CORP, ITS DIRECT AND INDIRECT SUBSIDIARIES
      (2) FIDELITY INTERNATIONAL LIMITED, ITS DIRECT AND
          INDIRECT SUBSIDIARIES
      (3) 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

       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.

       HSBC                            250,000
       CHASE NOMINEES LTD              201,795
       CHASE MANHATTAN BANK LONDON     337,278

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

      318,372

8)   ( 1.11 %) of issued Class

9)   Class of security

       25P ORDINARY

10)  Date of transaction

       NOT DISCLOSED

11)  Date company informed

       19TH MARCH 2003

12)  Total holding following this notification

       789,073
               
13)  Total percentage holding of issued class following this notification

       2.76%

14)  Any additional information

       MR JOHNSON'S INTEREST ARISES BY VIRTUE
       OF HIS PRINCIPAL SHAREHOLDING IN FMR
       CORP AND 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 20TH MARCH 2003





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