Board Changes

Volex Group PLC
30 June 2005


                                                           Thursday 30 June 2005

                                Volex Group plc
                           ('Volex' or 'the Company')
                                        
                        BOARD CHANGES AND AGM TIMETABLE

Further to the completion of the Company's Firm Placing and Placing and Open
Offer, which occurred this morning, the Board is pleased to confirm the
following Board changes as proposed in the Company's circular to Shareholders
dated 6 June 2005 in connection with the Firm Placing and Placing and Open
Offer.

Craig Robin Mullett and Heejae Richard Chae have been appointed to the Board as
Directors.

Both Craig and Heejae have extensive knowledge of the cable and interconnector
markets, having both been for five years senior executives with the Amphenol
Corporation, a NYSE listed company and the world's third largest producer of
electronics connectors, cables and interconnect systems.

Craig, aged 36, who was the director of business development at Amphenol, will
be joining the Group as a non-executive Director. He will assume responsibility
for a number of special projects and will work with the executive team in
implementing and developing, as necessary, the strategy described in the
Company's circular to Shareholders, dated 6 June 2005 in connection with the
Firm Placing and Placing and Open Offer, for returning the Group to
profitability. Craig is currently President of Branison Group, a corporate
finance firm located in Connecticut, USA.

Heejae, aged 36, was worldwide general manager of the Radio Frequency Group of
Amphenol. He will become Chief Operating Officer and will work with the Chief
Executive in the implementation of the strategy, taking responsibility for the
improvement of the manufacturing operations. Heejae is currently a director of
Caspian RF Systems.

Following the completion of the £19m equity raising, Dom Molloy has resigned as
Chairman and retired from the Board. A search for a new non-executive Chairman
has already commenced, whom the Board believes needs to have experience of
running a multinational business and, in particular, has been involved in
corporate restructurings in the past. The Board hopes to have identified and be
able to appoint a new non-executive Chairman before the AGM in September 2005
but is pleased to confirm that, for the interim period until that appointment,
David Beever, who has been a non-executive Director since 2002, will assume the
role of Chairman.


Commenting on these changes, John Corcoran, Chief Executive of Volex said:

'I would like to place on record the Board's thanks to Dom Molloy for his
substantial contribution to the Group over the past 20 years, first in an
executive capacity and more recently as non-executive chairman. We wish him well
in his retirement.

It is also a pleasure to welcome two new directors, Heejae Chae and Craig
Mullett, who join the Board as we move into the next exciting phase of the
Company's development'

No further details regarding Craig Mullett and Heejae Chae are required to be
disclosed under paragraph 6.F.2 (b-g) of the Listing Rules of the UK Listing
Authority.

Volex also announces that the 2005 Annual Report & Accounts will be issued to
shareholders at the end of July, together with the formal notice of Annual
General Meeting, which this year will be held on 8th September 2005.

Unless the context provides otherwise, words and expressions defined in the
prospectus sent to shareholders of the Company dated 6 June 2005 shall have the
same meanings in this announcement.


For further information please contact:

Volex Group Plc                                                     01925 830101
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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