Holding in Company

Volex Group PLC 29 November 2000 DEALINGS BY SUBSTANTIAL SHAREHOLDERS 1) NAME OF COMPANY VOLEX GROUP P.L.C. 2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST PRUDENTIAL p.l.c. 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 MATERIAL INTERESTS UNDER PART VI OF THE COMPANIES ACT 1985 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them. M&G (LOMBARD ST) NOMS AA 70,000 PRUCLT HSBC GIS NOM (UK) PAC AC 905,000 PRUCLT HSBC GIS NOM (UK) PPL AC 154,200 M&G (LOMBARD ST) NOMS FPM 40,000 1,169,200 5) Number of shares/amount of stock acquired. N/A 6) ( N/A %) of issued Class 7) Number of shares/amount of stock disposed N/A 8) ( N/A %) of issued Class 9) Class of security 25p ORDINARY 10) Date of transaction N/A 11) Date company informed 28 NOVEMBER 2000 12) Total holding following this notification 1,169,200 13) Total percentage holding of issued class following this notification 4.09% 14) Any additional information WE UNDERSTAND THAT PRUDENTIAL CONTINUES TO HAVE A NON-MATERIAL INTEREST IN 1,368,437 SHARES (4.8%). TOTAL INTEREST = 2,537,637 (8.89%) 15) Name of contact and telephone number for queries MR M.ASHCROFT - 01925 830101 16) Name and signature of authorised company official responsible for making this notification Date of Notification .29 NOVEMBER 2000.....

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Volex (VLX)
UK 100

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