Holding(s) in Company

Volex Group PLC
19 May 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company
VOLEX GROUP PLC

2. Name of shareholder having a major interest
BRITANNIC INVESTMENT MANAGERS LIMITED

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
VIDACOS NOMINEES LIMITED

5. Number of shares / amount of stock acquired
-

6. Percentage of issued class
-

7. Number of shares / amount of stock disposed
476,531

8. Percentage of issued class
1.67%

9. Class of security
ORDINARY 25P

10. Date of transaction
15 MAY 2003


11. Date company informed
19 MAY 2003

12. Total holding following this notification
1,525,000

13. Total percentage holding of issued class following this notification
5.33%

14. Any additional information
-

15. Name of contact and telephone number for queries
MARK ASHCROFT

DIRECTOR OF CORPORATE SERVICES AND COMPANY SECRETARY

01925 830101


16. Name and signature of authorised company official responsible for making
this notification
MARK ASHCROFT

Date of notification
19 MAY 2003



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