Holding(s) in Company

Volex Group PLC
31 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



An acquisition or disposal of financial instruments, which may result in the
acquisition of shares already issued to which voting rights are attached: NO



An event changing the breakdown of voting rights: NO



Other (please specify)




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



           The Royal Bank of Scotland Group plc




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



           ABN AMRO BANK N.V. London Branch



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



26 OCTOBER 2007



6.                Date on which issuer notified:



31 OCTOBER 2007



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



3 %





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


Ordinary 25p         2,635,000  2,635,000   2,635,000   2,635,000  -           4.63%    -
GB0009390070




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

                        2,635,000                                 4.63%




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

THE ROYAL BANK OF SCOTLAND GROUP PLC (4.63%)

RFS HOLDINGS N.V. (4.63%)

ABN AMRO HOLDING N.V. (4.63%

ABN AMRO BANK N.V. (4.63%) 



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



THIS NOTIFICATION IS BASED UPON THE VOTING RIGHTS FIGURE OF 56,901,563 OBTAINED
FROM THE REGULATORY ANNOUCNEMENT DATED 29 JULY 2007.  THIS NOTIFICTAION HAS BEEN
MADE FOLLOWING THE ACQUCITION OF ABN AMRO HOLDING N.V. BY RFS HOLDINGS N.V.



14.             Contact name:



WENDY TATE

COMPANY SECRETARY


15.             Contact telephone number:


01925 830101

END


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