Holding(s) in Company

Volex Group PLC
21 July 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company
VOLEX GROUP PLC

2. Name of shareholder having a major interest
Royal Mail Pensions Trustees Limited, Possfund Custodian Trustee Limited, 
Trustees of the 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
Shareholders name 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
PossFund Nominees Limited - 1,747,125 shares

BriTel Fund Nominees Ltd - 2,571,430 shares

5. Number of shares / amount of stock acquired
40,000

6. Percentage of issued class
0.14%

7. Number of shares / amount of stock disposed
-

8. Percentage of issued class
-

9. Class of security
Ordinary 25p

10. Date of transaction
18th July 2003

  11. Date company informed
21st July 2003

12. Total holding following this notification
4,298,555

13. Total percentage holding of issued class following this notification
15.029%

14. Any additional information
The notification confirmed that Possfund Nominees Limited have loaned 20,000 
ordinary shares and their shareholding disclosed above reflects this.

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

Director and Company Secretary

01925 830101

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

Date of notification
21st July 2003

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