RNS Announcement

RNS Number:3055R Volex Group PLC 01 April 2008 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 (acquisition) 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) 3. Full name of the person(s) subject to the notification obligation: GoldenPeaks Active Value Limited GoldenPeaks Active Value Master Fund Limited GoldenPeaks Capital Management Limited Altamira Holding AG Mr Adriano Agosti 4. Full name of shareholder(s) (if different from 3.): Goldman sachs International 5. Date of the transaction and date on which the threshold is crossed or reached: 31 MARCH 2008 6. Date on which issuer notified: 1 APRIL 2008 7. Threshold(s) that is/are crossed or reached: 17.76% 8. Notified details: A: Voting rights attached to shares Class /type of Situation Previous to the Resulting situation after the Triggering Transaction shares Triggering Transaction If possible using Number of Number of Number Number of voting % of voting the voting Rights Shares of Rightsix ISIN CODE Rightsviii shares Directxi Indirect Direct Indirect GB0009390070 9,345,308 9,345,308 10,105,308 - 10,105,308 - 17.76 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 10,105,308 17.76% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv GOLDENPEAKS ACTIVE VALUE LIMITED IS A PARENT UNDERTAKING OF GOLDENPEAKS ACTIVE VALUE MASTER FUND LIMITED. ALTAMIRA HOLDING AG IS A PARENT UNDERTAKING OF GOLDENPEAKS CAPITAL MANAGEMENT LIMITED AND MR ADRIANO AGOSTI IS A PARENT UNDERTAKING OF ALTAMIRA HOLDING AG. 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 END This information is provided by RNS The company news service from the London Stock Exchange END