Holding(s) in Company

Volex Group PLC 09 June 2003 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of company Volex Group p.l.c. 2. Name of shareholder having a major interest Unicorn Asset Management Limited 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 HSBC Global Nominees Ltd a/c Eaglet - 4,236,570 Shares HSBC Global Nominees Ltd a/c - Unicorn Free Spirit - 303,500 Shares HSBC Global Nominees Ltd a/c - Unicorn UK Smaller Companies - 404,306 Shares 5. Number of shares / amount of stock acquired HSBC Global Nominees Ltd a/c - Unicorn UK Smaller Companies Fund - 40,000 Shares HSBC Global Nominees Ltd a/c - Unicorn Free Spirit Fund - 75,000 Shares 6. Percentage of issued class 0.40% 7. Number of shares / amount of stock disposed - 8. Percentage of issued class - 9. Class of security Ordinary 25p 10. Date of transaction Both transactions took place on 4th June 2003 11. Date company informed 9th June 2003 12. Total holding following this notification 4,944,376 13. Total percentage holding of issued class following this notification 17.29% 14. Any additional information Interest arises from status as Investment Manager to the funds referred to below, Eaglet Investment Trust plc - 4,236,570 shares Unicorn Investment Funds - Unicorn Free Spirit - 303,500 shares Unicorn Investment Funds - Unicorn UK Smaller Companies - 404,306 shares 15. Name of contact and telephone number for queries Mark Ashcroft Director of Corporate Affairs & Company Secretary 01925 830101 16. Name and signature of authorised company official responsible for making this notification Mark Ashcroft Date of notification 09 June 2003 The FSA does not give any express or implied warranty as to the accuracy of this document or material and does not accept any liability for error or omission. The FSA is not liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this document, or any material contained in it, or from any action or decision taken as a result of using this document or any such material. This information is provided by RNS The company news service from the London Stock Exchange

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Volex (VLX)
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