Volex Group PLC
24 July 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: NO

     An event changing the breakdown of voting rights: NO

     Other (please specify)

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

     DEUTSCHE BANK AG
          

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

     SAME AS ABOVE

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

     20 JULY 2007
     

6.   Date on which issuer notified:

     23 JULY 2007
     

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

     3 & 4 %


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                  Shares     voting      of          Rightsix             
ISIN CODE                       Rightsviii  shares
                                            
                                                        Directxi   Indirect    Direct   Indirect

GB0009390070         N/A        N/A         2,640,000   2,640,000  -           -        4.64%


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

                              2,640,000                                 4.64%

     
9.   Chain of controlled undertakings through which the voting rights and/or the 
     financial instruments are effectively held, if applicable xv
 
     NOT APPLICABLE


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



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