Holding(s) in Company

Volex Group PLC
07 January 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

VOLEX GROUP PLC

2. Name of shareholder having a major interest

Platinum Investment Trust plc

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

Bank of New York Nominees Ltd account 310008

5. Number of shares / amount of stock acquired

573,152

6. Percentage of issued class

2.00 %

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

6th January 2004

12. Total holding following this notification

1,665,673

13. Total percentage holding of issued class following this notification

5.823%

14. Any additional information

-

15. Name of contact and telephone number for queries

Mark Ashcroft - 01925 830101

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

Mark Ashcroft, Director and Company Secretary

Date of notification

7th January 2004

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