Result of EGM

Volex Group PLC
29 June 2005



                                                          Wednesday 29 June 2005

                        Volex Group Plc ('the Company')
                    Result of Extraordinary General Meeting

At the extraordinary general meeting of the Company, which took place earlier
today, the Resolutions put to shareholders in order to effect the firm placing
and the placing and open offer of 25,850,340 new ordinary shares of 25p each
(the 'New Ordinary Shares') announced on 6 June 2005, were duly passed. The Firm
Placing and the Placing and Open Offer remain conditional upon admission of the
New Ordinary Shares to the Official List of the UK Listing Authority and to
trading on the London Stock Exchange plc's markets for listed securities
('Admission'). It is expected that Admission and dealings in the New Ordinary
Shares will occur by 8.00 a.m. tomorrow, 30 June 2005.


John Corcoran, Chief Executive, Volex Group commented:

'I am delighted and encouraged by the support of our shareholders who today have
unanimously approved all resolutions relating to the Issue.

The proceeds of the Issue coupled with the new banking facilities place the
Group on a very sound financial footing. This enables the Directors to focus on
the Group's strategy to restructure and invest in the available growth
opportunities.'


For further information please contact:

Volex Group Plc                                                     01925 830101
David Beever, Interim Chairman
John Corcoran, Group Chief Executive
Derek Walter, Group Finance Director

Evolution Securities                                               020 7071 4300
Tim Worlledge, Matthew Wood

Weber Shandwick Square Mile                                        020 7067 0700
Chris Lynch/Nick Dibden



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