Holding in Company

Volex Group PLC
19 July 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             85,000
PRUCLT HSBC GIB Nom (UK) PAC AC     905,000
PRUCLT HSBC GIS Nom (UK) PPL AC       3,000
                                    -------                              
                                    993,000
                                    -------

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

18 JULY 2000

12)  Total holding following this notification

993,000 - material interests
               
              
13)  Total percentage holding of issued class following this notification

3.49% material interests

14)  Any additional information

In addition Prudential continues to have a non-material interest in 1,614,037
shares (5.68%).  Total Interest = 2,607,037  (9.17%)


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 .....19 July, 2000..