Volex Group PLC 10 May 2005 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of company Volex Group plc. 2. Name of shareholder having a major interest Sterling Investment Group 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 Shareholder 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 N.Y. Nominees Limited 5. Number of shares / amount of stock acquired 1,425,000 6. Percentage of issued class 4.82% 7. Number of shares / amount of stock disposed Not Applicable 8. Percentage of issued class Not Applicable 9. Class of security Ordinary 25p 10. Date of transaction Not Disclosed 11. Date company informed 10th May 2005 12. Total holding following this notification 1,425,000 13. Total percentage holding of issued class following this notification 4.82% 14. Any additional information Dr Tito Tettamanti of 45-47 Marylebone Lane, London also has an interest in the shares through his indirect controlling interest in Sterling Investment Group Limited 15. Name of contact and telephone number for queries Mark Ashcroft Director of Corporate Affairs 01925 830101 16. Name and signature of authorised company official responsible for making this notification Mark Ashcroft Date of notification 10th May 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