Holding(s) in Company

Volex Group PLC 29 May 2007 TR-l: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii): VOLEX GROUP PLC 2. Reason for the notification: (please state Yes/No): An acquisition or disposal of voting rights: yes An acquisition or disposal of financial instruments, which may result in the acquisition of shares already issued to which voting rights are attached: An event changing the breakdown of voting rights: Other (please specify) 3. Full name of the person(s) subject to the notification obligation: GOLDENPEAKS ACTIVE VALUE LIMITED GOLDENPEAKS ACTIVE VALUE MASTER FUND LIMITED GOLDENPEAKS CAPITAL MANAGEMENT LIMITED ALTAMIRA HOLDING AG MR ADRIANO AGOSTI 4. Full name of shareholder(s) (if different from 3.): GOLDMAN SACHS INTERNATIONAL 5. Date of the transaction and date on which the threshold is crossed or reached: 23 MAY 2007 6. Date on which issuer notified: 25 MAY 2007 7. Threshold(s) that is/are crossed or reached: 8% 8. Notified details: A: Voting rights attached to shares Class /type of Situation Previous to Resulting situation after the Triggering Transaction shares the Triggering Transaction If possible using Number of Number of Number Number of voting % of voting Rights the ISIN CODE Shares voting of Rightsix Rightsviii shares Directxi Indirect Direct Indirect GB0009390070 4,300,000 4,300,000 4,535,000 - 4,535,000 - 8.01% B: Financial Instruments: Resulting situation after the triggering transactionxii Type of Expiration Date xiii Exercise Number of voting % of voting financial Conversion Period Rights that may be rights instrument / Date xiv Acquired if the instrument is exercised/converted. - - - - - Total (A+B) Number of voting rights % of voting rights 4,535,000 8.01% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv GOLDENPEAKS ACTIVE VALUE LIMITED IS A PARENT UNDERTAKING OF GOLDENPEAKS ACTIVE VALUE MASTER FUND LIMITED. ALTAMIRA HOLDING AG IS A PARENT UNDERTAKING OF GOLDENPEAKS CAPITAL MANAGEMENT LIMITED AND MR ADRIANO AGOSTI IS A PARENT UNDERTAKING OF ALTAMIRA HOLDING AG. Proxy Voting: 10. Name of the proxy holder: not applicable 11. Number of voting rights proxy holder will cease to hold: not applicAble 12. Date on which proxy holder will cease to hold voting rights: not applicAble 13. Additional information 14. Contact name: wendy tate company secretary 15. Contact telephone number: 01925 830101 END 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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