Holding(s) in Company

Volex Group PLC
01 May 2008


                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:

     30 APRIL 2008

     
6.   Date on which issuer notified:

     30 APRIL 2008

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

     18.64%

     
8.   Notified details:

     
A:   Voting rights attached to shares


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

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


GB0009390070         10,105,308   10,105,308   10,605,308    -         10,605,308    -       18.64

     
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

                             10,605,308                                18.64%

     
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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