Holding in Company

Volex Group PLC
19 November 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     VOLEX GROUP P.L.C

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     EAGLET INVESTMENT TRUST 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

     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.

     HSBC GLOBAL CUSTODY NOMINEES LTD
     ACCOUNT DESIGNATE EAGLET 866379

5)   Number of shares/amount of stock acquired.

     860,000

6)   ( 3.007 %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( %) of issued Class

9)   Class of security

     25P ORDINARY

10)  Date of transaction

     SEE SCHEDULE BELOW

11)  Date company informed

     19 NOVEMBER 2001

12)  Total holding following this notification

     807,473
               
13)  Total percentage holding of issued class following this notification

      3.007%

14)  Any additional information



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 ...19TH NOVEMBER 2001.....................





Volex Group p.l.c

19th November 2001 

Notification of Major Interests in Shares

Schedule
 
Transactions Notified

Date         Dealing       No. of Ord 25p Shares
15.10.01     Bought                70,000
16.10.01     Bought                50,000
19.10.01     Bought               300,000
23.10.01     Bought               365,000
15.11.01     Bought                75,000
                                  860,000