Volex Group PLC
20 March 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:



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)



            UNDER TRANSITIONAL PROVISIONS



3.                  Full name of the person(s) subject to the notification
obligation:



            BEAR STEARNS INTERNATIONAL TRADING LIMITED



4.                  Full name of shareholder(s) (if different from 3.):



            SAME AS 3 ABOVE



5.                  Date of the transaction and date on which the threshold is
crossed or reached:



NOT APPLICABLE



6.                  Date on which issuer notified:



13 MARCH 2007



7.                  Threshold(s) that is/are crossed or reached:



ABOVE 9%






8.                  Notified details:



A:        Voting rights attached to shares


Class /type of Situation Previous to the  Resulting situation after the Trggering Transaction
shares         Triggering

               Transaction
If possible    Number of      Number of   Number      Number of   voting  % of voting Rights
using the                     voting
               Shares                      of         Rightsix
ISIN CODE                     Rightsviii
                                          shares
                                          Directx     Directxi  Indirect  Direct    Indirect


GB0009390070   N/A            N/A                     5,370,000           9.47%











B:        Financial Instruments



 Resulting situation after the triggering transactionxii


Type of        Expiration Datexiii        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
5,370,000                     9.47%











9.                  Chain of controlled undertakings through which the voting
rights and/or the financial instruments are effectively held, if applicable xv



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



not applicable



14.              Contact name:



wendy tate

company secretary



15.              Contact telephone number:



01925 830101

END



20 March 2007










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