Fire Damage at Mexican Plant

Volex Group PLC
27 September 2004

EMBARGOED UNTIL 7.00 a.m.                            MONDAY 27TH SEPTEMBER 2004

                                VOLEX GROUP p.l.c

                          FIRE DAMAGE AT MEXICAN PLANT

Volex Group p.l.c. reports that a fire affected its manufacturing operations in
Tijuana, Mexico on September 17th, 2004. None of our employees were hurt in the
incident. The fire started in an adjacent non-Volex business unit and damage was
contained to one of our two physically separate buildings. That building has
been severely damaged with 22 of 60 manufacturing cells in Tijuana as a whole
having been affected. The remaining 38 cells continue to operate normally. The
Tijuana sites together produce somewhat less than 10% of the group's sales.

A full recovery plan is already in place involving the utilisation of our other
North American, European and Asian manufacturing capabilities. We are working
with our customers to ensure the rapid replacement of product specific tooling
and inventory to minimise the impact on deliveries. The company will suffer some
reduction in sales and increased costs during the implementation of this
recovery plan. The quantification of these impacts is being assessed and at the
same time we are establishing the extent to which these amounts will be covered
by our insurance policies.

Volex will inform the market when further definitive information is available
and in any event will provide a detailed update at the time of the announcement
of our interim results early in November 2004.



D.J. Molloy                                                         J. Corcoran
Chairman Group                                                  Chief Executive


For further information please contact:

Volex Group p.l.c.                                            Tel: [phone]
Dom Molloy, Chairman
John Corcoran, Group Chief Executive

Weber Shandwick Square Mile                                  Tel: [phone]
Chris Lynch/Josh Royston




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