Holding(s) in Company

Volex Group PLC
3 March 2003

                  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.

     (1)  150,000
     (2)  100,000

6)   (  %) of issued Class

     (1)  0.52%
     (2)  0.34%

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     25P ORDINARY 

10)  Date of transaction

     (1) 30 JANUARY 2003
     (2) 27 FEBRUARY 2003

11)  Date company informed

     3RD MARCH 2003

12)  Total holding following this notification

     4,061,570
               
13)  Total percentage holding of issued class following this notification

     14.20%

14)  Any additional information

     IN RESPECT OF THE ACQUISITION OF 100,000 SHARES ON 27 FEBRUARY 2003,
     PLEASE CROSS-REFER WITH THE ANNOUNCEMENT MADE EARLIER TODAY IN RESPECT
     OF UNICORN ASSET MANAGEMENT LIMITED

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 .... 3RD MARCH 2003