Electrical and/or optical connector housing (11) with a wet-mateable connector receiving part (17), adapted to receive a mating electrical and/or optical connector counterpart when surrounded by a hydrostatic pressure, such as the pressure of surrounding water. The connector housing (11) exhibits a compartment (19) that is pressure balanced with respect to said hydrostatic pressure, wherein one or more electrical and/or optical conductors (21) are guided from the receiving part (17) to a penetrator (15), said penetrator (15) constituting a pressure barrier between said compartment (19) and an opposite end of the penetrator (15). The housing (11) comprises at least one wall part (29) adapted to be flexed by an exterior hydrostatic pressure exerting force on the housing (11), thereby changing the volume of said inner compartment (19), whereby said wall part (29) constitutes at least a part of the encapsulation of said compartment (19).