Holding(s) in Company

Volex Group PLC
05 October 2007

                TR-l: NOTIFICATION OF MAJOR INTERESTS IN SHARES


     
1.   Identity of the issuer or the underlying issuer of existing shares to which 
     voting rights are attached (ii):

     VOLEX GROUP PLC

     
2.   Reason for the notification: (please state Yes/No):

     An acquisition or disposal of voting rights: yes (acquisition)

     An acquisition or disposal of financial instruments, which may result in 
     the acquisition of shares already issued to which voting rights are 
     attached:

     An event changing the breakdown of voting rights:

     Other (please specify)

     
3.   Full name of the person(s) subject to the notification obligation:

     GOLDENPEAKS ACTIVE VALUE LIMITED
     GOLDENPEAKS ACTIVE VALUE MASTER FUND LIMITED
     GOLDENPEAKS CAPITAL MANAGEMENT LIMITED
     ALTAMIRA HOLDING AG
     MR ADRIANO AGOSTI


     
4.   Full name of shareholder(s) (if different from 3.):

     GOLDMAN SACHS INTERNATIONAL

     
5.   Date of the transaction and date on which the threshold is crossed or 
     reached:

     4 OCTOBER 2007
     

6.   Date on which issuer notified:

     5 OCTOBER 2007

     
7.   Threshold(s) that is/are crossed or reached:

     9.16%
     

8.   Notified details:

     
A:   Voting rights attached to shares


Class /type of      Situation Previous to  Resulting situation after the Triggering Transaction
shares              the Triggering

                    Transaction
If possible using   Number of  Number of   Number      Number of   voting     % of voting Rights
the                            voting
                    Shares                  of         Rightsix
ISIN CODE                      Rightsviii
                                           shares
                                                       Directxi  Indirect     Direct   Indirect


GB0009390070        5,065,000  5,065,000   5,215,000   -         5,215,000    -        9.16%




B:         Financial Instruments:


Resulting situation after the triggering transactionxii


Type of        Expiration Date xiii       Exercise                Number of voting             % of voting
financial                                 Conversion Period       Rights that may be           rights
instrument                                /  Date xiv             Acquired if the instrument
                                                                  is exercised/converted.

-              -                          -                       -                            -



Total (A+B)

                Number of voting rights                          % of voting rights

                              5,215,000                                 9.16%


          
9.   Chain of controlled undertakings through which the voting rights and/or 
     the financial instruments are effectively held, if applicable xv

     GOLDENPEAKS ACTIVE VALUE LIMITED IS A PARENT UNDERTAKING OF GOLDENPEAKS 
     ACTIVE VALUE MASTER FUND LIMITED.

     ALTAMIRA HOLDING AG IS A PARENT UNDERTAKING OF GOLDENPEAKS CAPITAL 
     MANAGEMENT LIMITED AND MR ADRIANO AGOSTI IS A PARENT UNDERTAKING OF 
     ALTAMIRA HOLDING AG.


Proxy Voting:

          
10.  Name of the proxy holder:
     
     NOT APPLICABLE


11.  Number of voting rights proxy holder will cease to hold:

     NOT APPLICABLE


12.  Date on which proxy holder will cease to hold voting rights:

     NOT APPLICABLE


13.  Additional information




14.  Contact name:

     WENDY TATE
     COMPANY SECRETARY



15.  Contact telephone number:

     01925 830101

END




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