On 22 October 2008, The Board of Volex Group plc (the "Company") received a notice of requisition of an EGM from GoldenPeaks Capital Partners AG, a major shareholder.

The notice requested that a resolution be considered at an EGM, being that the  Company adopts a Long Term Incentive Scheme for the benefit of the 
Non-Executive Directors.

The Board has considered this proposal and intends to call an EGM and make a recommendation to all shareholders in respect of this proposal together with other proposals related to executive  incentives. A notice of meeting and shareholder circular will be issued shortly.

END

Wendy Tate

Company Secretary

23 October 2008

http://www.volex.com