Holding(s) in Company

Volex Group PLC
10 May 2005


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Volex Group plc.



2. Name of shareholder having a major interest

 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



5. Number of shares / amount of stock acquired

1,425,000



6. Percentage of issued class

 4.82%



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

10th May 2005



12. Total holding following this notification

1,425,000



13. Total percentage holding of issued class following this notification

4.82%



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 Investment Group
Limited



15. Name of contact and telephone number for queries

 Mark Ashcroft

Director of Corporate Affairs

01925 830101



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

 Mark Ashcroft



Date of notification

10th May 2005



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