Holding(s) in Company

Volex Group PLC 21 January 2005 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of company VOLEX GROUP PLC 2. Name of shareholder having a major interest Royal Mail Pensions Trustees Limited, Possfund Custodian Trustee Ltd. 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 Shareholders 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 PossFund Nominees Limited 5. Number of shares / amount of stock acquired Not Applicable 6. Percentage of issued class Not Applicable 7. Number of shares / amount of stock disposed Not Disclosed - disposal noted 8. Percentage of issued class Not Disclosed 9. Class of security Ordinary 25p 10. Date of transaction Not Disclosed 11. Date company informed 21st January 2005 12. Total holding following this notification 1,005,769 13. Total percentage holding of issued class following this notification 3.405% 14. Any additional information Two notifications have been received today; the first notification confirmed the holding as at 19th January was 1,228,309 shares and the second notification confirmed the holding as at 20th January 2005 was 1,005,769 shares. Please cross-refer with the announcement made today relating to the increase in non-material interest of The Trustees of the BT Pension Scheme, Hermes Investment Management Limited and Hermes Pensions Management Limited. 15. Name of contact and telephone number for queries Mark Ashcroft Director and Company Secretary 01925 830101 16. Name and signature of authorised company official responsible for making this notification Mark Ashcroft Date of notification 21st January 2005 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)
UK 100

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