Holding(s) in Company

Volex Group PLC
24 May 2006

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company
Volex Group plc.



2. Name of shareholder having a major interest
Sterling Strategic Value Limited (formerly Sterling Investment Group 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
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
N.Y. Nominees Limited, number of shares not disclosed

PH Nominees Limited, number of shares not disclosed



5. Number of shares / amount of stock acquired
Not Disclosed



6. Percentage of issued class
Not Disclosed



7. Number of shares / amount of stock disposed
Not Applicable



8. Percentage of issued class
Not Applicable



9. Class of security
Ordinary 25p



10. Date of transaction
Not Disclosed



11. Date company informed
24 May 2006



12. Total holding following this notification
8,777,016



13. Total percentage holding of issued class following this notification
15.81%



14. Any additional information
Dr Tito Tettamanti of 45-47 Marylebone Lane, London also has an interest in the shares through his
indirect controlling interest in Sterling Strategic Value Limited.



15. Name of contact and telephone number for queries
 Wendy Tate

Company Secretary

01925 830101



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



Date of notification
24 May 2006



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