Volex Group PLC 04 July 2005 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of company Volex Group p.l.c. 2. Name of shareholder having a major interest Cycladic Capital Management 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 Holding of 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 The Cycladic Catalyst Master Fund -10,017,407 shares RIT Capital Partners plc - 1,497,500 shares 5. Number of shares / amount of stock acquired Cycladic Catalyst Master Fund acquired: 811,078 shares - Corporate Action Listed on 30th June 5,674,229 shares - Firm Placing and Open Offer on 30th June RIT Capital Partners plc acquired: 171,815 shares - Corporate Action Listed on 30th June 2005 672,785 shares - Firm Placing and Open Offer on 30th June 2005 Total number of shares acquired - 7,329,907 6. Percentage of issued class 13.23% 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 30th June 2005 11. Date company informed 4th July 2005 12. Total holding following this notification 11,514,907 ordinary shares 13. Total percentage holding of issued class following this notification 20.79% 14. Any additional information - 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 4th July 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