Woodhead

Woodhead, based in Deerfield, Illinois, develops, manufactures and markets network and electrical infrastructure products engineered for performance in harsh, demanding, and hazardous industrial environments and operates from 21 locations in 10 countries spanning North America, Europe and Asia/Pacific. Lisle, IL and Deerfield, IL, June 30, 2006 — Molex Incorporated and Woodhead Industries, Inc. (Nasdaq: WDHD) today jointly announced that the two companies have signed a definitive merger agreement pursuant to which Molex will acquire Woodhead in an all cash transaction (for $19.25 per share in cash) valued at approximately $256 million, including payments with respect to outstanding stock options and the assumption of debt and net of cash acquired. The transaction has been approved by the Boards of Directors of both companies.