RNS Announcement

RNS Number:3049T 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 This information is provided by RNS The company news service from the London Stock Exchange END