Holding in Company

Volex Group PLC
20 July 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

VOLEX GROUP P.L.C.

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

PRUDENTIAL PLC

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

NON BENEFICIAL INTEREST

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

PRUCLT HSBC GIS NOM (UK) PAC AC - 905,000
PRUCLT HSBC GIS NOM (UK) PPL AC - 418,184
PRUCLT HSBC GIS NOM (UK) SAL AC -   2,500
ROY NOMS LTD 578141             -  77,945


5)   Number of shares/amount of stock acquired.

NOT DISCLOSED

6)   (  - %) of issued Class


7)   Number of shares/amount of stock disposed

NOT DISCLOSED

8)   ( - %) of issued Class


9)   Class of security

25P ORDINARY

10)  Date of transaction

NOT DISCLOSED

11)  Date company informed

20 JULY 2001

12)  Total holding following this notification

1,403,629
              
13)  Total percentage holding of issued class following this notification

4.91%

14)  Any additional information

POSITION AS AT 19 JULY 2001

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 ...20 JULY, 2001............