Holding(s) in Company

Volex Group PLC
04 July 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 -10,017,407 shares

RIT Capital Partners plc - 1,497,500 shares

5. Number of shares / amount of stock acquired
Cycladic Catalyst Master Fund acquired:

811,078 shares - Corporate Action Listed on 30th June

5,674,229 shares - Firm Placing and Open Offer on 30th June

RIT Capital Partners plc acquired:

171,815 shares - Corporate Action Listed on 30th June 2005

672,785 shares - Firm Placing and Open Offer on 30th June 2005

Total number of shares acquired -  7,329,907

6. Percentage of issued class
13.23%

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
30th June 2005

 11. Date company informed

4th July 2005

12. Total holding following this notification
11,514,907 ordinary shares

13. Total percentage holding of issued class following this notification
20.79%

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
4th July 2005

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