Holding(s) in Company

Volex Group PLC
30 March 2005

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Volex Group p.l.c.

2. Name of shareholder having a major interest

Cycladic Capital Management

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

Holding of 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

The Cycladic Catalyst Master Fund - 1,300,0000 shares

RIT Capital Partners plc - 510,000 shares

5. Number of shares / amount of stock acquired

1,810,000

6. Percentage of issued class

6.13%

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

29th March 2005

12. Total holding following this notification

1,810,000 ordinary shares

13. Total percentage holding of issued class following this notification

6.13%

14. Any additional information

-

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

30th March 2005

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