Acquisitions Made in Sweden and Estonia

Volex Group PLC
29 March 2000


                     Volex Group p.l.c.
                                                            
              Acquisitions in Sweden & Estonia
                              
On  28  March  2000 Volex Group p.l.c, the  world's  leading
independent   producer  of  electrical   power   cords   and
electronic interconnect cable assemblies, acquired for  cash
100% of the share capital of Mitema Industries AB ('Mitema')
for an initial consideration of SEK17.5M (£1.3M) subject  to
a  net worth adjustment for the period 1 January 2000 to  28
March 2000.

Mitema  operates  from  Ostersund in Sweden  and  through  a
subsidiary  in  Estonia and has approximately 70  employees.
Volex  regards  this acquisition as strategic  as  it  gives
facilities  in  Sweden to better service  its  customers  in
Scandinavia.  Additionally assembly  capability  in  Estonia
will  provide  further capacity to meet growing  demands  in
this important market region.

Commenting  on this acquisition, Volex Chief Executive,  Dom
Molloy said:

'This  acquisition  offers Volex the opportunity  to  be  in
close  proximity to its major customers in  the  region  and
will  improve our ability to provide quick responses to  our
customers  demands  for engineering support  and  logistical
service.'

For further information, please contact:


Volex Group p.l.c
Dom Molloy, Group Chief Executive               01925 830101
Ken Hooper, Group Finance Director

Ludgate Communications Ltd
Chris Lynch/Graham Herring                     0171 253 2252