This broad waist-belt seems to be nothing more than a well-made article of dress. However, if magic is detected for, the item will radiate a strong enchantment dweomer, along with a fainter aura of alteration. 

Examination will reveal that the girdle has eight small pouches on its inner front area. In fact, there are a total of 64 magical pouches in the girdle, seven others "behind" each of the eight apparent ones. 

Each of these pouches is similar to a miniature bag of holding, able to contain up to one cubic foot of material weighing as much as 10 pounds. 

The girdle responds to the thoughts of its wearer by either providing a full pouch (to extract something from) or an empty one (to put something in) as desired. 

Naturally, this item is greatly prized by spell casters, for it will hold components for many spells and make them readily available.