Holding(s) in Company

Volex Group PLC
20 February 2007

                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

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)

NEW EXEMPTION TRADING BOOK (DTR 5.1.3 (4)

3.                Full name of the person(s) subject to the notification
obligation:

THE GOLDMAN SACHS GROUP, INC.

4.                Full name of shareholder(s) (if different from 3.):

GOLDMAN SACHS & CO.
GOLDMAN SACHS ASSET MANAGEMENT INTERNATIONAL &
GOLDMAN SACHS ASSET MANAGEMENT, LP

5.                Date of the transaction and date on which the threshold is
crossed or reached:

15 FEBRUARY 2007

6.                Date on which issuer notified:

19 FEBRUARY 2007

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

10%

8.                Notified details:

A:        Voting rights attached to shares

Class /type of Situation Previous to the  Resulting situation after the Trggering Transaction
shares         Triggering
               Transaction
If possible    Number of      Number of   Number     Number of   voting   % of voting Rights
using the      Shares         voting       of        Rights ix
ISIN CODE                     Rights viii shares

                                          Direct x   Direct xi Indirect   Direct    Indirect


GB0009390070   8,957,349      15.91%                           5,201,426            9.18%

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

5,201,426                     9.18%


9.                Chain of controlled undertakings through which the voting
rights and/or the financial instruments are effectively held, if applicable xv

The interest in 5,178,248 shares arose from an interest held by Goldman, Sachs &
Co., a wholly-owned direct subsidiary of GS Inc, acting as custodian for its
customers. These shares are, or will be, registered in the name of Goldman Sachs
Securities (Nominees), Limited.

The interest in 23,178 shares arose from the interest held by Goldman Sachs
Asset Management, a wholly owned subsidiary of GS Inc acting as discretionary
manager.  We believe that some of these shares are, or will be, registered in
the name of GSSN.

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

NOT APPLICABLE

14.             Contact name:

WENDY TATE
COMPANY SECRETARY

15.             Contact telephone number:

01925 830101

END



20 February 2007





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