RNS Announcement

RNS Number:5157L Volex Group PLC 10 January 2008 10 January 2008 Volex Group plc APPOINTMENT OF NEW CHAIRMAN The Board of Volex Group plc today announces that Mike McTighe has been appointed non-executive Chairman with effect from 1 March 2008, when he will succeed the current Chairman, Richard Arkle, who will continue as a non-executive Director. Mike McTighe, 54, is also Chairman of Pace Micro Technology plc, a director of London Metal Exchange Holdings Ltd, a non-executive Director of Alliance and Leicester plc, and a board member of Ofcom. Mike was previously Chairman and Chief Executive officer of Carrier I International SA and prior to that Executive Director and Chief Executive, Global Operations of Cable & Wireless plc. Mike has also held senior roles with Philips, Motorola and GE, and has more than 30 years experience in the TMT sector worldwide. Richard Arkle commented: "I am delighted to welcome Mike McTighe as our new non-executive Chairman. He comes with a wealth of management experience within the sector and is well placed to contribute to the next phase of the development of the business. It is our intention to bring on additional non executive talents to support the management team in achieving our strategic goal of growth and profitability." Mike McTighe commented: "I am delighted to be joining the Board at such a pivotal time for the Company. The management team under Heejae Chae has achieved a great deal in the last couple of years and I look forward to working with Heejae on fully realising the Company's potential." Save as set out in this announcement, there is no information to be disclosed pursuant to Listing Rule 9.6.13 R paragraphs (2) to (6). - ends - Volex Group plc 01925 830 101 Heejae Chae, Group Chief Executive Ian Degnan, Group Finance Director Weber Shandwick Financial 020 7067 0700 Terry Garrett / Nick Dibden / James White This information is provided by RNS The company news service from the London Stock Exchange END