15 September 2011 VOLEX PLC ( Volex or the Group ) Transition to US Dollar reporting Restatement of historical financial information in US Dollars

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1 15 September VOLEX PLC ( Volex or the Group ) Transition to US Dollar reporting Restatement of historical financial information in US Dollars As communicated in our annual financial statements for the year to 3 April and the Interim Management Statement dated 25 July, the Group is changing its presentation currency from Pounds Sterling ( GBP ) to US Dollars ( USD ). This transition is being made for the following reasons: 1. Following the disposal of our Wiring Harness division in 2009, the Group no longer operates any manufacturing facilities in the UK and the proportion of GBP denominated business activity carried out by the Group has been decreasing, with the Group s revenues and profits increasingly generated in USD. For the 3 April, less than 1% of Group revenue was invoiced in GBP. 2. Over two thirds of the Group s revenue is produced by Group entities with USD as their functional currency. Transition to a USD reporting currency, therefore, better reflects the underlying trading performance, reducing translation related distortions in reported results caused by exchange rate movements. Furthermore the transition to a USD reporting currency better aligns our internal and external reporting; and 3. USD reporting aids comparison with other international cable and interconnect solutions businesses, which predominantly report in US Dollars. The interim consolidated financial statements for the 6 months to 2 October will be released on 2 November and will be presented in USD. All subsequent financial information will also be prepared using USD as the presentation currency. In accordance with relevant accounting standards, comparative information will be provided in USD. To assist shareholders and other users of the accounts with this change, this announcement provides selected audited historical financial information for the years to 3 April and 4 April restated in USD ( the restated financial information ), together with a special purpose audit report thereon. In addition, the Company has provided selected unaudited historical information for the years to 5 April 2009 and 30 March 2008 and selected half-yearly and quarterly analyses for information purposes. Although the restatement of these earlier periods has not been audited, the same translation methodology has been applied.

2 Financial Highlights FY11 (audited) FY10 (audited) FY09 (unaudited*) FY08 (unaudited*) $ million (from continuing operations) Revenue Operating profit before non-recurring items and share based payments Net assets Diluted earnings per share (cents) (1.3) Adjusted diluted earnings per share (cents)** Closing Rate (USD:GBP) Average Rate (USD:GBP) * While the historic GBP reported figures were audited and an unqualified audit opinion issued, the restatement of these figures into USD has not been audited. The same translation methodology as for FY11 and FY10 has been applied. ** Earnings per share before non-recurring items and share based payment charges. For further information please contact: Volex plc Ray Walsh, Group Chief Executive Andrew Cherry, Group Finance Director Buchanan Communications Charles Ryland / Helen Chan

3 Restated financial information Consolidated income statement For the 52 weeks ended 3 April (52 weeks ended 4 April ) Note 3 April 4 April Revenue 2 490, ,437 Cost of sales (397,940) (291,772) Gross profit 92,069 73,665 Operating expenses (68,596) (57,309) Operating profit 2 23,473 16,356 Analysed as: Operating profit before non-recurring items and share based 26,075 21,313 payments Non-recurring items 3 - (4,943) Operating profit before share based payments 26,075 16,370 Share based payments charge (2,602) (14) Operating profit 23,473 16,356 Finance income Finance costs (3,383) (5,442) Profit on ordinary activities before taxation 20,312 11,028 Taxation (3,660) (2,604) Profit for the period attributable to the owners of the parent 16,652 8,424 Earnings per share (cents)* Basic Diluted * Earnings per share before non-recurring items and share based payment charges is shown in note 4.

4 Restated financial information Consolidated statement of comprehensive income For the 52 weeks ended 3 April (52 weeks ended 4 April ) 3 April 4 April Profit for the period 16,652 8,424 Other comprehensive income: Gain on hedge of net investment taken to equity Exchange differences on translation of foreign operations (1,843) 1,268 Actuarial gain / (loss) on defined benefit pension schemes 1,500 (734) Other comprehensive income for the period 484 1,511 Tax relating to components of other comprehensive income - - Other comprehensive income for the period 484 1,511 Total comprehensive income for the period attributable to the owners of the parent 17,136 9,935

5 Restated financial information Consolidated statement of financial position As at 3 April (4 April ) Note 3 April 4 April Non-current assets Goodwill 3,109 2,928 Other intangible assets 2, Property, plant and equipment 12,465 11,378 Trade and other receivables Deferred tax asset 2, ,173 16,034 Current assets Inventories 51,889 41,718 Trade and other receivables 118,127 91,235 Current tax assets Cash and bank balances 5 20,397 27, , ,175 Total assets 211, ,209 Current liabilities Borrowings 5 27, Obligations under finance leases Trade and other payables 127,154 93,970 Current tax liabilities 4,393 8,194 Retirement benefit obligation Provisions 2,940 6,151 Derivative financial instruments , ,638 Net current assets 28,364 51,537 Non-current liabilities Borrowings 5-38,463 Obligations under finance leases Deferred tax liabilities 2, Retirement benefit obligation 1,883 3,384 Provisions 5,744 6,165 Non-equity preference shares ,251 48,367 Total liabilities 173, ,005 Net assets 38,286 19,204 Equity attributable to owners of the parent Share capital 28,180 25,940 Share premium account 2,586 2,586 Hedging and translation reserve (4,182) (3,166) Own shares (2,240) - Accumulated gains / (losses) 13,942 (6,156) Total equity 38,286 19,204

6 Restated financial information Consolidated statement of changes in equity For the 52 weeks ended 3 April (52 weeks ended 4 April ) Share capital Share premium account Hedging and translation reserve Own shares Accumulated gains / (losses) Total equity Balance at 5 April ,940 2,586 (5,411) - (13,877) 9,238 Profit for the period attributable to the ,424 8,424 owners of the parent Other comprehensive income / (loss) for - - 2,245 - (734) 1,511 the period Total comprehensive income / (loss) for - - 2,245-7,690 9,935 the period Reserve entry for share option charges Balance at 4 April 25,940 2,586 (3,166) - (6,156) 19,204 Profit for the period attributable to the ,652 16,652 owners of the parent Other comprehensive income / (loss) for - - (1,016) - 1, the period Total comprehensive income / (loss) for - - (1,016) - 18,152 17,136 the period Issue of share capital 2, ,240 Own shares acquired in the period (2,240) - (2,240) Reserve entry for share option charges ,946 1,946 Balance at 3 April 28,180 2,586 (4,182) (2,240) 13,942 38,286

7 Restated financial information Consolidated statement of cash flows For the 52 weeks ended 3 April (52 weeks ended 4 April ) Note 3 April 4 April Profit for the period 16,652 8,424 Adjustments for: Finance income (222) (114) Finance costs 3,383 5,442 Income tax expense 3,660 2,604 Depreciation of property, plant and equipment 3,041 3,511 Amortisation of intangible assets Loss on disposal of property, plant and equipment Share option charge 2, Decrease in provisions (4,347) (2,076) Operating cash flow before movements in working capital 25,182 17,962 (Increase) / decrease in inventories (9,340) (5,352) (Increase) / decrease in receivables (24,708) (837) Increase / (decrease) in payables 29,501 13,464 Movement in working capital (4,547) 7,275 Cash generated by operations 20,635 25,237 Cash generated before non-recurring items 20,635 29,507 Cash utilised in respect of non-recurring items - (4,270) Taxation paid (6,774) (2,937) Interest paid (2,774) (3,508) Net cash (used in) / generated from operating activities 11,087 18,792 Cash flow from investing activities Interest received Proceeds on disposal of intangible assets, property, plant and equipment Purchases of property, plant and equipment (4,363) (2,585) Purchases of intangible assets (1,200) (378) Net cash outflow arising on disposal of operations (247) (3,015) Net cash used in investing activities (5,487) (5,748) Cash flow before financing activities 5,600 13,044 Cash (used) / generated before non-recurring items 5,847 20,329 Net cash outflow on disposal of operations (247) (3,015) Cash utilised in respect of non-recurring items - (4,270) Cash flow from financing activities Repayment of borrowings 5 (14,387) (9,000) Refinancing costs paid 5 (24) (2,283) Repayments of obligations under finance leases 5 (144) (3) Net cash used in financing activities (14,555) (11,286) Net (decrease) / increase in cash and cash equivalents (8,955) 1,758 Cash and cash equivalents at beginning of period 5 27,210 24,873 Effect of foreign exchange rate changes Cash and cash equivalents at end of period 5 18,525 27,210

8 Notes to the restated financial information 1. Basis of preparation The restated financial information should be read in conjunction with the annual financial statements for the 52 week period ended 3 April, which have been prepared in accordance with IFRSs as adopted by the European Union. The restated financial information does not comprise statutory accounts within the meaning of section 434 of the Companies Act The statutory accounts for the 52 weeks ended 3 April have been filed with the Registrar of Companies for England and Wales and have been reported on by the Group s auditors. The Report of the Auditors was not qualified and did not contain a statement under Section 498 of the Companies Act Presentation of financial information Volex plc will present its consolidated financial statements in US Dollars ( USD ) with effect from 4 April. In accordance with IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors this change in presentational currency will be applied retrospectively. For the 52 weeks ended 3 April and 4 April, the Company has presented in USD a consolidated income statement, a consolidated statement of comprehensive income, a consolidated statement of changes in equity and a consolidated cash flow statement, along with a consolidated statement of financial position as at 3 April and 4 April and accompanying notes. This financial information will form the basis of the comparative financial information expected to be included in the first complete set of financial statements of the Group presented in USD for the 52 week period ended 1 April In order to meet the IAS 21 requirements with respect to a change in presentational currency, the statutory financial information as initially reported in the Group s Annual Reports for the 52 week periods ended 3 April and 4 April has been restated from Pounds Sterling into US Dollars using the procedures as outlined below: assets and liabilities denominated in non-usd currencies were translated into USD at period end closing rates of exchange; share capital, share premium and own reserves were translated at the historic rates prevailing at 5 April 2004 (i.e. the transition date to IFRS) or the subsequent dates of transactions; non-usd trading results were translated into USD at average rates of exchange; the cumulative hedging and translation reserve was set to nil at 5 April 2004 (i.e. the transition date to IFRS). All subsequent foreign exchange translation movements comprising differences on the retranslation of the opening net assets of non-usd subsidiaries and the retranslation of the trading results of non-usd subsidiaries have been charged to the hedging and translation reserve; and exchange differences recognised directly in the hedging and translation reserve arising from foreign exchange hedging instruments or monetary items receivable from or payable to a foreign operation for which settlement is neither planned nor likely to occur were translated into USD at average rates of exchange. No events since the signing of the 3 April and 4 April financial statements have been taken into consideration in the restatement of the balances into USD All exchange rates used were extracted from the Group s underlying financial records. The exchange rates used were as follows: USD / GBP exchange rate FY FY FY2009 Closing Rate Average Rate

9 Notes to the restated financial information 2. Business and geographical segments Business segments 3 April 4 April Revenue Consumer 304, ,379 Telecoms/Datacoms 109,948 94,766 Healthcare 41,536 30,770 Industrial 34,189 17, , ,437 3 April 4 April Gross profit Consumer 53,609 49,053 Telecoms/Datacoms 20,653 13,994 Healthcare 9,735 6,649 Industrial 8,072 3,969 92,069 73,665 Unallocated overhead costs (65,994) (52,352) Non-recurring items - (4,943) Operating profit before share based payments 26,075 16,370 Share based payments (2,602) (14) Operating profit 23,473 16,356 Finance income Finance costs (3,383) (5,442) Profit before tax 20,312 11,028 Tax (3,660) (2,604) Profit after tax 16,652 8, Non-recurring items Continuing operations Corporate restructuring Facilities rationalisation 3 April 4 April - 3,439-1,504-4,943

10 Notes to the restated financial information 4. Earnings per ordinary share Earnings per share The calculations of the basic and diluted earnings per share are based on the following data: 3 April 4 April Earnings Profit for the purpose of basic and diluted earnings per share being net profit 16,652 8,424 attributable to equity holders of the parent Adjustments for: Share based payments charge 2, Tax effect of above adjustment (127) - Normalised earnings 19,127 8,438 Adjustments for: Non-recurring items - 4,943 Earnings for the purpose of adjusted earnings per share 19,127 13,381 Weighted average number of ordinary shares No. shares No. shares Weighted average number of ordinary shares for the purpose of basic earnings per share 56,821,563 56,821,563 Effect of dilutive potential ordinary shares share options 2,141, ,703 Weighted average number of ordinary shares for the purpose of diluted earnings per share 58,962,995 57,780,266 Basic earnings per share Cents Cents Basic earnings per share Adjustments for: Share based payments charge Tax effect of above adjustment (0.2) - Normalised basic earnings per share Adjustments for: Non-recurring items Adjusted basic earnings per share Diluted earnings per share Diluted earnings per share Adjustments for: Share based payments charge Tax effect of above adjustment (0.2) - Normalised diluted earnings per share Adjustments for: Non-recurring items Adjusted diluted earnings per share The normalised earnings per share has been calculated on the basis of profit before non-recurring items and share based payments, net of tax. The Directors consider that this earnings per share calculation gives a better understanding of the Group s earnings per share in the current and prior period.

11 Notes to the restated financial information 5. Analysis of net debt 4 April Cash flow Exchange movement Other non-cash changes April 000 Cash and cash equivalents 27,210 (8,955) ,525 Bank loans (39,966) 14,387 (905) - (26,484) Finance leases (232) 144 (16) (199) (303) Debt issue costs 1, (778) 814 Net debt (11,485) 5,600 (586) (977) (7,448) 3 April 4 April Per balance sheet: Cash and bank balances 20,397 27,638 Borrowings short term (27,542) (428) Obligations under finance leases short term (195) (97) Borrowings long term - (38,463) Obligations under finance leases long term (108) (135) Net debt (7,448) (11,485)

12 Special Purpose Auditors Report of PricewaterhouseCoopers LLP to Volex plc (the Company ) on the change in presentational currency applied to the Company s prior periods financial information We have audited the consolidated statement of financial position of Volex plc ( the Company ) as at 3 April and 4 April, the related consolidated income statements, consolidated statements of comprehensive income, consolidated statements of change in equity, consolidated statements of cash flow and accompanying notes for the 52 week periods then ended presented in US Dollars (the audited restated financial information ). Financial information for the 52 week periods ended 3 April and 4 April has been restated from Pounds Sterling into US Dollars, as described in Note 1. For each of the aforementioned periods the Company has presented a consolidated statement of financial position, consolidated income statement, consolidated statement of comprehensive income, consolidated statement of change in equity and consolidated statement of cash flow. This information will form the basis of the comparative financial information expected to be included in the first complete set of financial statements and accompanying information of the Company presented in US Dollars for the 52 week period ended 1 April Respective responsibilities of Directors and PricewaterhouseCoopers LLP The Directors of the Company are responsible for the preparation of the audited restated financial information which has been prepared as part of the Company s transition to US Dollar presentational currency. Our responsibility is to audit the audited restated financial information in accordance with the terms of our engagement and International Standards on Auditing (UK and Ireland). Those standards require us to comply with the Auditing Practices Board s (APB s) Ethical Standards for Auditors. Under the terms of our engagement we are required to report to you our opinion as to whether the audited restated financial information has been properly prepared, in all material respects, in accordance with the basis of preparation set out in Note 1. This report, including the opinion, has been prepared for, and only for, the Company for the purposes of assisting with the Company s change in presentational currency and for no other purpose. We do not, in giving this opinion, accept or assume responsibility for any other purpose or to any other person to whom this report is shown or into whose hands it may come save where expressly agreed by our prior consent in writing. Scope of the audit of the US Dollar financial information This audit involves obtaining evidence about the amounts and disclosures included within the audited restated financial information sufficient to give reasonable assurance that the audited restated financial information is free from material misstatement, whether caused by fraud or error. This includes an assessment of: whether the basis of preparation is appropriate to the Company s circumstances and has been consistently applied and adequately disclosed; the reasonableness of significant accounting estimates made by the directors; and the overall presentation of the audited restated financial information. Opinion In our opinion the audited restated financial information has been properly prepared, in all material respects, in accordance with the basis of preparation set out in Note 1. PricewaterhouseCoopers LLP Chartered Accountants London 14 September

13 Unaudited additional years Restated financial information (unaudited) Consolidated income statement For the 53 weeks ended 5 April 2009 (52 weeks ended 30 March 2008) Unaudited Unaudited 53 weeks to 5 April 30 March Continuing operations Revenue 451, ,332 Cost of sales (380,885) (386,682) Gross profit 70,544 61,650 Operating expenses (59,257) (52,036) Operating profit 11,287 9,614 Analysed as: Operating profit before non-recurring items and share based payments 18,072 14,708 Non-recurring items (6,988) (5,346) Operating profit before share based payments 11,084 9,362 Share based payments charge Operating profit 11,287 9,614 Finance income Finance costs (5,441) (5,718) Profit on ordinary activities before taxation 6,228 4,307 Taxation (3,441) (5,036) Profit / (loss) for the period from continuing operations attributable to the 2,787 (729) owners of the parent Discontinued operations Loss for the period from discontinued operations attributable to owners of the parent (31,659) (6,031) Loss for the period attributable to the owners of the parent (28,872) (6,760) Earnings / (loss) per share (cents) From continuing operations Basic 4.9 (1.3) Diluted 4.9 (1.3) From continuing and discontinued operations Basic (50.8) (11.9) Diluted (50.8) (11.9) Adjusted earnings / (loss) per share (cents)* From continuing operations Basic Diluted * Earnings per share before non-recurring items and share based payment charges.

14 Restated financial information (unaudited) Consolidated statement of financial position As at 5 April 2009 (30 March 2008) Unaudited 5 April 2009 Unaudited 30 March 2008 Non-current assets Goodwill 2,844 3,878 Other intangible assets Property, plant and equipment 11,849 15,642 Deferred tax asset 1, ,548 20,672 Current assets Inventories 35,570 70,433 Trade and other receivables 88, ,359 Current tax assets Cash and bank balances 24,873 8, , ,176 Total assets 165, ,848 Current liabilities Obligations under finance leases 3 88 Trade and other payables 83, ,231 Current tax liabilities 8,610 8,727 Retirement benefit obligation Provisions 5,505 6,750 Liability for share based payments Derivative financial instruments , ,526 Net current assets 50,835 86,650 Non-current liabilities Borrowings 46,663 50,806 Trade and other payables Deferred tax liabilities Retirement benefit obligation 2,480 3,040 Provisions 7,953 7,583 Non-equity preference shares Liability for share based payments ,145 61,835 Total liabilities 155, ,361 Net assets 9,238 45,487 Equity attributable to owners of the parent Share capital 25,940 25,940 Share premium account 2,586 2,586 Hedging and translation reserve (5,411) 1,561 Own shares - - Accumulated (losses) / gains (13,877) 15,400 Total equity 9,238 45,487

15 Unaudited half-yearly and quarterly information Restated financial information (unaudited) Half-yearly information Consolidated income statement For FY (FY) FY FY 26 weeks ended 4 October weeks ended 4 April 52 weeks ended 4 April 26 weeks ended 3 October 26 weeks ended 3 April 52 weeks ended 3 April Revenue Consumer 103, , , , , ,336 Telecoms/Datacoms 50,321 44,445 94,766 52,523 57, ,948 Healthcare 15,605 15,165 30,770 18,664 22,872 41,536 Industrial 5,834 11,688 17,522 16,011 18,178 34,189 Group 175, , , , , ,009 Gross profit Consumer 21,980 27,073 49,053 27,508 26,101 53,609 Telecoms/Datacoms 8,608 5,386 13,994 10,412 10,241 20,653 Healthcare 3,312 3,337 6,649 5,166 4,569 9,735 Industrial 1,433 2,536 3,969 3,751 4,321 8,072 Group 35,333 38,332 73,665 46,837 45,232 92,069 Administrative expenses (25,543) (26,809) (52,352) (34,046) (31,948) (65,994) Adjusted operating profit 9,790 11,523 21,313 12,791 13,284 26,075 Non-recurring items (4,238) (705) (4,943) Normalised operating profit 5,552 10,818 16,370 12,791 13,284 26,075 Share based payment charge (2) (12) (14) (355) (2,247) (2,602) Operating profit 5,550 10,806 16,356 12,436 11,037 23,473 Financing costs, net (2,825) (2,503) (5,328) (1,832) (1,329) (3,161) Profit before tax 2,725 8,303 11,028 10,604 9,708 20,312 Taxation (1,244) (1,360) (2,604) (2,258) (1,402) (3,660) Profit after tax 1,481 6,943 8,424 8,346 8,306 16,652 Earnings per share (cents) Basic Diluted Adjusted earnings per share (cents)* Basic Diluted * Earnings per share before non-recurring items and share based payment charges.

16 Restated financial information (unaudited) Half-yearly information Consolidated income statement For 26 weeks to 5 October 2008 (26 weeks to 30 September 2007) Unaudited Unaudited 26 weeks to 26 weeks to 5 October 30 September Continuing operations Revenue 255, ,785 Cost of sales (218,738) (185,251) Gross profit 36,574 33,534 Operating expenses (28,824) (22,976) Operating profit 7,750 10,558 Analysed as: Operating profit before non-recurring items and share based payments 7,576 11,499 Non-recurring items 5 - Operating profit before share based payments 7,581 11,499 Share based payments charge 169 (941) Operating profit 7,750 10,558 Finance income Finance costs (2,858) (2,913) Profit on ordinary activities before taxation 5,197 7,951 Taxation (1,934) (1,942) Profit / (loss) for the period from continuing operations attributable to the 3,263 6,009 owners of the parent Discontinued operations Loss for the period from discontinued operations attributable to owners of the parent (3,423) (2,259) Loss for the period attributable to the owners of the parent (160) 3,750 Earnings / (loss) per share (cents) From continuing operations Basic Diluted From continuing and discontinued operations Basic (0.3) 6.6 Diluted (0.3) 6.6 Adjusted earnings / (loss) per share (cents)* From continuing operations Basic Diluted * Earnings per share before non-recurring items and share based payment charges.

17 Restated financial information (unaudited) Half-yearly information Consolidated statement of financial position Unaudited 3 October Unaudited 4 October 2009 Unaudited 5 October 2008 Unaudited 30 September 2007 Non-current assets Goodwill 3,041 3,086 3,393 3,906 Other intangible assets 1, Property, plant and equipment 12,081 11,545 14,823 16,961 Deferred tax asset 771 1, ,217 16,483 19,446 21,616 Current assets Inventories 54,791 37,094 68,579 79,175 Trade and other receivables 122,954 94, , ,999 Current tax assets Cash and bank balances 16,026 26,598 14,430 11, , , , ,603 Total assets 211, , , ,219 Current liabilities Obligations under finance leases Trade and other payables 131,217 92, , ,990 Current tax liabilities 5,487 9,508 9,577 7,596 Retirement benefit obligation Provisions 3,022 6,166 3,469 4,914 Liability for share based payments Derivative financial instruments , , , ,084 Net current assets 53,891 48,622 79,103 93,519 Non-current liabilities Borrowings 31,735 44,540 47,139 46,880 Obligations under finance leases Deferred tax liabilities 1, Retirement benefit obligation 3,716 5,035 1,969 4,368 Provisions 6,505 7,658 5,447 7,185 Non-equity preference shares Liability for share based payments ,680 57,361 54,872 59,234 Total liabilities 184, , , ,318 Net assets 27,428 7,744 43,677 55,901 Equity attributable to owners of the parent Share capital 27,875 25,940 25,940 25,940 Share premium account 2,586 2,586 2,586 2,586 Hedging and translation reserve (3,241) (5,848) (691) 1,864 Own shares (1,935) Accumulated (losses) / gains 2,143 (14,934) 15,842 25,511 Total equity 27,428 7,744 43,677 55,901

18 Restated financial information (unaudited) Half-yearly information Consolidated statement of cash flows For the 26 weeks ended 3 October (26 weeks ended 4 October 2009) 26 weeks to 3 October 26 weeks to 4 October 2009 Profit for the period 8,346 1,481 Adjustments for: Finance income (181) (60) Finance costs 2,013 2,885 Income tax expense 2,258 1,244 Depreciation of property, plant and equipment 1,602 1,705 Amortisation of intangible assets Loss on disposal of property, plant and equipment 5 83 Share option charge Decrease in provisions (3,258) (760) Operating cash flow before movements in working capital 11,230 6,653 (Increase) / decrease in inventories (12,669) (832) (Increase) / decrease in receivables (29,729) (3,916) Increase / (decrease) in payables 34,224 10,441 Movement in working capital (8,174) 5,693 Cash generated by operations 3,056 12,346 Cash generated before non-recurring items 3,056 14,007 Cash utilised in respect of non-recurring items - (1,661) Taxation paid (3,577) (432) Interest paid (1,395) (2,069) Net cash (used in) / generated from operating activities (1,916) 9,845 Cash flow from investing activities Interest received Proceeds on disposal of intangible assets, property, plant and equipment 84 5 Purchases of property, plant and equipment (1,867) (1,308) Purchases of intangible assets (640) (27) Net cash outflow arising on disposal of operations - (2,485) Net cash used in investing activities (2,242) (3,753) Cash flow before financing activities (4,158) 6,092 Cash (used) / generated before non-recurring items (4,158) 10,238 Net cash outflow on disposal of operations - (1,661) Cash utilised in respect of non-recurring items - (2,485) Cash flow from financing activities Repayment of borrowings (7,200) (3,888) Refinancing costs paid (23) (1,237) Repayments of obligations under finance leases (78) (3) Net cash used in financing activities (7,301) (5,128) Net (decrease) / increase in cash and cash equivalents (11,459) 964 Cash and cash equivalents at beginning of period 27,210 24,873 Effect of foreign exchange rate changes Cash and cash equivalents at end of period 16,026 26,598

19 Restated financial information (unaudited) Consolidated quarterly information FY2012 ended 3 July Revenue Consumer 77,872 Telecoms/Datacoms 27,438 Healthcare 10,917 Industrial 9,854 Group 126,081 Gross Profit 23,920 Adjusted operating profit * 6,754 Normalised operating profit ** 6,754 FY ended 4 July ended 3 October ended 2 January ended 3 April 52 weeks ended 3 April Revenue Consumer 71,634 79,522 74,194 78, ,336 Telecoms/Datacoms 24,420 28,103 30,218 27, ,948 Healthcare 8,731 9,933 12,411 10,461 41,536 Industrial 7,133 8,878 8,349 9,829 34,189 Group 111, , , , ,009 Gross Profit 22,074 24,763 22,513 22,719 92,069 Adjusted operating profit * 5,943 6,848 6,325 6,959 26,075 Normalised operating profit ** 5,943 6,848 6,325 6,959 26,075 FY ended 5 July 2009 ended 4 October 2009 ended 3 January ended 4 April 52 weeks ended 4 April Revenue Consumer 47,508 56,455 58,202 60, ,379 Telecoms/Datacoms 25,471 24,850 24,182 20,263 94,766 Healthcare 7,901 7,704 6,901 8,264 30,770 Industrial 2,829 3,005 5,192 6,496 17,522 Group 83,709 92,014 94,477 95, ,437 Gross Profit 16,102 19,231 20,210 18,122 73,665 Adjusted operating profit * 4,691 5,099 5,547 5,976 21,313 Normalised operating profit ** 4, ,953 5,865 16,370 * Operating profit before share based payment charge and non-recurring items ** Operating profit before share based payment charge

20 Restated financial information (unaudited) Consolidated quarterly information FY2009 ended 6 July 2008 ended 5 October 2008 ended 4 January weeks ended 5 April weeks ended 5 April 2009 Revenue Consumer 72,490 82,808 59,278 47, ,682 Telecoms/Datacoms 35,544 36,835 30,317 34, ,301 Healthcare 7,849 9,576 9,000 8,825 35,250 Industrial 4,645 5,565 4,262 2,724 17,196 Group 120, , ,857 93, ,429 Gross Profit Consumer 38,789 Telecoms/Datacoms 23,687 Healthcare 5,710 Industrial 2,358 Group 15,569 21,005 15,378 18,592 70,544 Adjusted operating profit * 1,752 5,824 4,974 5,522 18,072 Normalised operating profit ** 1,659 5,922 4,896 (1,393) 11,084 The Group adopted the Consumer, Telecoms/Datacoms, Healthcare and Industrial sector structure in the 52 week period ended 4 April. As part of this revision, the Group restated the comparative sector figures for the 53 week period ended 5 April Earlier periods were not restated and therefore the Group has not provided a breakdown of revenue for the 52 week period ended 30 March 2008 by sector. Below is the quarterly analysis of total revenue, gross profit, adjusted operating profit and normalised operating profit for the 52 weeks ended 30 March FY2008 ended 1 July 2007 ended 30 September 2007 ended 30 December 2007 ended 30 March weeks ended 30 March 2008 Revenue 104, , , , ,332 Gross Profit 17,738 15,796 13,633 14,483 61,650 Adjusted operating profit * 4,663 6,836 1,589 1,620 14,708 Normalised operating profit ** 4,663 6,836 1,589 (3,726) 9,362 * Operating profit before share based payment charge and non-recurring items ** Operating profit before share based payment charge

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