EXHIBIT 99.1

CONTACT:
Steve Martens, VP Investor Relations
Molex Incorporated
630-527-4344

For Immediate Release

MOLEX REPORTS FOURTH QUARTER AND FULL YEAR RESULTS
RECORD REVENUE AND EPS FOR FULL YEAR
RECORD REVENUE FOR FOURTH QUARTER

Lisle, Ill., USA — August 3, 2011 — Molex Incorporated (NASDAQ: MOLX and MOLXA), a global electronic components company, today reported results for its fourth quarter and its full fiscal year ended June 30, 2011.

Full Year Results

		Twelve Months Ended
		Jun. 30,				Jun. 30,
USD millions, except per share data		2011				2010
Net revenue		$	3,587.3			$	3,007.2
Net income			298.8				76.9
Earnings per share			1.70				0.44

Revenue for the full fiscal year ended June 30, 2011 was $3.6 billion, an increase of 19.3% compared with the prior fiscal year. Revenue in local currencies increased 16.5%. Net income for the full fiscal year ended June 30, 2011 was $298.8 million or $1.70 per share, compared with net income of $76.9 million or $0.44 per share in the prior fiscal year. Prior year net income included a pretax restructuring charge of $117.1 million ($92.8 million after-tax or $0.53 per share), and a tax adjustment related to stock compensation of $4.8 million or $0.03 per share. These periods also include costs related to unauthorized activities in Japan as outlined below in our update on this matter. The effective tax rate for the fiscal year ended June 30, 2011 was 30.5%.

“Looking back, we are very pleased with our performance both for the current quarter and for the full year. We set annual records for revenue and profitability in a very difficult operating environment. Surging commodity costs, rapid increases in customer requirements and the natural disaster in Japan presented significant obstacles which we were able to overcome,” commented Martin P. Slark, Molex’s Chief Executive Officer. “As a result, we were able to increase our dividend twice during the fiscal year.”

“Looking forward, the long term factors driving our business — increased mobility for consumer electronics, renewed enterprise spending, and a growing middle class in emerging economies — remain intact providing ample opportunities for growth. And, we have the right structure and people in place to take advantage of these opportunities and further grow both revenue and profit.”

Fourth Quarter Results

		Three Months Ended
		Jun. 30,				Mar. 31,				Jun. 30,
USD millions, except per share data		2011				2011				2010
Net revenue		$	913.7			$	874.5			$	847.3
Net income			77.3				68.1				39.8
Earnings per share			0.44				0.39				0.23

Revenue for the June 2011 quarter of $913.7 million increased 7.8% from the June 2010 quarter and 4.5% from the March 2011 quarter. Revenue in local currencies increased 2.5% compared with the prior year quarter and 2.9% compared with the March 2011 quarter. Orders for the quarter were $906 million, a slight decrease from the prior year quarter and an increase of 2.9% from the March 2011 quarter.

Net income for the June 2011 quarter was $77.3 million or $0.44 per share, compared with net income of $39.8 million, or $0.23 per share, for the June 2010 quarter and $68.1 million, or $0.39 per share, for the March 2011 quarter. All periods include costs related to unauthorized activities in Japan as outlined below in our update on this matter. The June 2010 quarter also included pretax restructuring costs of $26.5 million ($24.7 million after-tax or $0.14 per share).

Other financial highlights for the quarter ended June 30, 2011:

	•		Gross profit margin was 30.8% in the June 2011 quarter, compared with 29.9% in the June 2010 quarter and 29.8% in the March 2011 quarter.
	•		SG&A expense was $167.9 million, or 18.4% of revenue compared with 18.7% in the June 2010 quarter and 18.2% in the March 2011 quarter.
	•		The effective tax rate was 29.1%.
	•		Capital expenditures were $65.3 million or 7.2% of revenue.
	•		Depreciation and amortization was $60.5 million or 6.6% of revenue.
	•		Backlog was $418.5 million, a decrease of $6.9 million or 1.6% from the March 2011 quarter.
	•		The book-to-bill ratio was 0.99 to 1 for the June 2011 quarter.
	•		Inventory days outstanding was 84 days, a decrease of 3 days from the March quarter.

Molex Japan Litigation

As previously disclosed, in April 2010 Molex learned that an individual had entered into unauthorized trading and obtained unauthorized loans in Molex Japan’s name. On August 31, 2010, the bank which holds the unauthorized loans filed a complaint in Tokyo District Court requesting payment from Molex Japan. Molex Japan is contesting the enforceability of the outstanding unauthorized loans and any attempt by the lender to obtain payment.

Net income for the June 2011, March 2011 and June 2010 quarters was impacted by costs related to the unauthorized activities in Japan of $3.4 million ($2.1 million after-tax or $0.01 per share), $2.9 million ($1.8 million after-tax or $0.01 per share), and $4.8 million ($3.0 million after-tax or $0.02 per share), respectively.

Net income for the full fiscal years ended June 30, 2011 and June 30, 2010 included costs related to this matter of $14.5 million ($9.2 million after-tax or $0.05 per share) and $26.9 million ($17.1 million after-tax or $0.10 per share), respectively.

Outlook

Assuming constant foreign currency rates and commodity prices, the Company estimates revenue in a range of $880 to $920 million for the September 2011 quarter. At this level of revenue, the Company expects earnings per share in a range of $0.39 to $0.45 assuming an effective tax rate of 30%.

Earnings Conference Call Information

A conference call will be held on Wednesday, August 3, 2011 at 7:30 am central time. Please dial (888) 713-4216 to participate in the call. International callers should dial (617) 213-4868. Please dial in at least five minutes prior to the start of the call and refer to participant pass code 67985835. Internet users will be able to access the webcast, including slide materials, live and in replay in the “Investors” section of the Company’s website at www.molex.com. A 48-hour telephone replay will be available at approximately 10:30am central time at (888) 286-8010 or (617) 801-6888 / pass code 20610238.

Other Investor Events

Aug 18, 2011 — WJB Capital Group’s Midwest Industrial Conference in Lake Geneva, WI

Sep 6-7, 2011 — Citi Tech Conference in New York, NY

Sep 14, 2011 — Deutsche Bank Securities’ 2011 Technology Conference in Las Vegas, NV

Forward-Looking Statements

Statements in this release that are not historical are forward-looking and are subject to various risks and uncertainties that could cause actual results to vary materially from those stated. Words such as “anticipates,” “expects,” “believes,” “intends,” “plans,” “projects,” “estimates,” “potential,” and similar expressions are used to identify these forward-looking statements. Forward-looking statements are based on currently available information and include, among others, the discussion under “Outlook.” These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions including those associated with the operation of our business, including the risk that customer demand will decrease either temporarily or permanently, whether due to the Company’s actions or the demand for the Company’s products, and that the Company may not be able to respond through cost reductions in a timely and effective manner; the risk that the value of our inventory may decline; price cutting, new product introductions and other actions by our competitors; fluctuations in the costs of raw materials that the Company is not able to pass through to customers because of existing contracts or market factors; the availability of credit and general market liquidity; fluctuations in currency exchange rates; natural disasters; the financial condition of our customers; labor cost increases; the challenges attendant to plant closings and restructurings, the difficulty of commencing or increasing production at existing facilities, and the reactions of customers, governmental units, employees and other groups; and the ability to realize cost savings from restructuring activities, the outcome of legal proceedings and losses resulting from unauthorized activities in Molex Japan.

Other factors, risks and uncertainties are set forth in Item 1A “Risk Factors” of the Company’s Form 10-K for the year ended June 30, 2010, and in the Form 10-Q for the quarters ended September 30, 2010, December 31, 2010 and March 31, 2011, which are incorporated by reference and in other reports that Molex files or furnishes with the Securities and Exchange Commission. Forward-looking statements are based upon assumptions as to future events that may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed in these forward-looking statements. As a result, this release speaks only as of its date and Molex disclaims any obligation to revise these forward-looking statements or to provide any updates regarding information contained in this release resulting from new information, future events or otherwise.

Molex Incorporated is a 72-year-old global manufacturer of electronic, electrical and fiber optic interconnection systems. Based in Lisle, Illinois, USA, the Company operates 39 manufacturing locations in 16 countries. The Molex website is www.molex.com.

# # #

Editor’s note: Molex is traded on the NASDAQ Global Select Market (MOLX and MOLXA) in the United States and on the London Stock Exchange. The Company’s voting common stock (MOLX) is included in the S&P 500 Index.

Molex Incorporated
Condensed Consolidated Balance Sheets
(in thousands)

		June 30,				June 30,
		2011				2010
ASSETS
Current assets:
Cash and cash equivalents		$	532,599			$	376,352
Marketable securities			13,947				18,508
Accounts receivable, less allowances of $42,297 and $43,650, respectively			811,449				734,932
Inventories			535,953				469,369
Deferred income taxes			129,158				112,531
Other current assets			32,239				64,129
Total current assets			2,055,345				1,775,821
Property, plant and equipment, net			1,168,448				1,055,144
Goodwill			149,452				131,910
Non-current deferred income taxes			38,178				94,191
Other assets			186,429				179,512
Total assets		$	3,597,852			$	3,236,578
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt and short-term borrowings		$	119,764			$	110,070
Accounts payable			359,812				395,474
Accrued expenses:
Salaries, commissions and bonuses			90,913				96,403
Restructuring			14,049				26,898
Accrual for unauthorized activities in Japan			182,460				165,815
Other			112,666				96,531
Income taxes payable			2,383				21,505
Total current liabilities			882,047				912,696
Other non-current liabilities			23,879				19,869
Accrued pension and postretirement benefits			100,866				135,448
Long-term debt			222,794				183,434
Total liabilities			1,229,586				1,251,447
Commitments and contingencies
Total stockholders’ equity			2,368,266				1,985,131
Total liabilities and stockholders’ equity		$	3,597,852			$	3,236,578

Molex Incorporated
Condensed Consolidated Statements of Operations
(in thousands, except per share data)
(quarterly information unaudited)

		Three Months Ended								Years Ended
		June 30,								June 30,
		2011				2010				2011				2010
Net revenue		$	913,666			$	847,304			$	3,587,334			$	3,007,207
Cost of sales			632,264				594,366				2,499,197				2,114,584
Gross profit			281,402				252,938				1,088,137				892,623
Selling, general and administrative			167,914				158,676				643,462				610,784
Restructuring costs and asset impairments			—				26,543				—				117,139
Unauthorized activities in Japan			3,366				4,769				14,476				26,898
Total operating expenses			171,280				189,988				657,938				754,821
Income from operations			110,122				62,950				430,199				137,802
Interest (expense) income, net			(859	)			(832	)			(5,708	)			(5,416	)
Other (expense) income			(318	)			(959	)			5,448				(897	)
Total other (expense) income			(1,177	)			(1,791	)			(260	)			(6,313	)
Income before income taxes			108,945				61,159				429,939				131,489
Income taxes			31,669				21,380				131,131				54,559
Net income		$	77,276			$	39,779			$	298,808			$	76,930
Earnings per share:
Basic		$	0.44			$	0.23			$	1.71			$	0.44
Diluted		$	0.44			$	0.23			$	1.70			$	0.44
Dividends declared per share		$	0.2000			$	0.1525			$	0.7025			$	0.6100
Average common shares outstanding:
Basic			175,253				174,123				174,812				173,803
Diluted			176,795				175,098				175,943				174,660

Molex Incorporated
Condensed Consolidated Statements of Cash Flows
(in thousands)

		Years Ended
		June 30,
		2011				2010
Operating activities:
Net income		$	298,808			$	76,930
Add (deduct) non-cash items included in net income:
Depreciation and amortization			242,171				238,666
Asset write-downs included in restructuring costs			—				37,296
Loss (gain) on investments			—				558
Deferred income taxes			37,514				(16,965	)
Loss on sale of property, plant and equipment			4,843				4,092
Share-based compensation			22,461				27,034
Other non-cash items			(22,554	)			20,577
Changes in assets and liabilities:
Accounts receivable			(16,401	)			(208,051	)
Inventories			(25,916	)			(117,701	)
Accounts payable			(63,984	)			115,869
Other current assets and liabilities			(9,298	)			14,559
Other assets and liabilities			(1,493	)			57,715
Cash provided from operating activities			466,151				250,579
Investing activities:
Capital expenditures			(262,246	)			(229,477	)
Proceeds from sales of property, plant and equipment			1,804				3,014
Proceeds from sales or maturities of marketable securities			11,936				44,373
Purchases of marketable securities			(8,328	)			(18,890	)
Acquisitions			(18,847	)			(10,097	)
Other investing activities			4,972				(5,794	)
Cash used for investing activities			(270,709	)			(216,871	)
Financing activities:
Proceeds from revolving credit facility			105,000				154,000
Payments on revolving credit facility			(20,000	)			(79,000	)
Proceeds from short-term loans			57,620				—
Payments on short-term loans			(60,270	)			—
Proceeds from issuance of long-term debt			—				32,647
Payments on long-term debt			(48,356	)			(87,787	)
Cash dividends paid			(114,410	)			(105,984	)
Exercise of stock options			7,269				4,008
Other financing activities			(4,044	)			(1,120	)
Cash used for financing activities			(77,191	)			(83,236	)
Effect of exchange rate changes on cash			37,996				1,173
Net increase (decrease) in cash and cash equivalents			156,247				(48,355	)
Cash and cash equivalents, beginning of year			376,352				424,707
Cash and cash equivalents, end of year		$	532,599			$	376,352