Holding(s) in Company

Volex Group PLC
24 September 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 - DISPOSAL



An acquisition or disposal of financial instruments, which may result in the
acquisition of shares already issued to which voting rights are attached: NO



An event changing the breakdown of voting rights: NO



Other (please specify)





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



    DEUTSCHE BANK AG



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



    SAME AS ABOVE



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



20 September 2007



6.  Date on which issuer notified:



21 September 2007



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



4 %





8.  Notified details:



A:  Voting rights attached to shares


Class /type of       Situation Previous to  Resulting situation after the Triggering Transaction
shares               the Triggering

                     Transaction
If possible using    Number of  Number of   Number      Number of   voting     % of voting Rights
the                             voting
                     Shares                  of         Rightsix
ISIN CODE                       Rightsviii
                                            shares
                                                        Directxi   Indirect    Direct   Indirect


GB0009390070         2,293,944  2,293,944   2,185,000   2,185,000  -           3.84%








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


                              2,185,000                                 3.84%













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

not applicable



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



14. Contact name:



Wendy Tate

Company Secretary



15. Contact telephone number:



01925 830101

END












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