Holding(s) in Company

Volex Group PLC
27 January 2005

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company
VOLEX GROUP PLC

2. Name of shareholder having a major interest
Royal Mail Pensions Trustees Limited, Possfund Custodian Trustee Ltd.

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
Shareholders 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
PossFund Nominees Limited



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

6. Percentage of issued class
Not Applicable

7. Number of shares / amount of stock disposed
Not Disclosed - disposal noted

8. Percentage of issued class
Not Disclosed

9. Class of security
Ordinary 25p

10. Date of transaction
Not Disclosed

  11. Date company informed
26th January 2005

12. Total holding following this notification
823,691 ordinary shares

13. Total percentage holding of issued class following this notification
2.788%

14. Any additional information
The notification confirmed the holding as at 25th January 2005

15. Name of contact and telephone number for queries
Mark Ashcroft

Director and Company Secretary

01925 830101

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

Date of notification
27th January 2005

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