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EXHIBIT 21.1
[LETTERHEAD OF TECUMSEH PRODUCTS COMPANY]
Dear Class A Shareholder:
On August 25, 1999, Tecumseh Products Company (the "Company")
appointment State Street Bank and Trust Company, N.A. ("State Street") as
successor Rights Agent under its Class A Rights Agreement. State Street has
accepted that assignment. Prior to that date, NBD Bank, N.A. had served as
Rights Agent under the Class A Rights Agreement.
Also on August 25, 1999, the Company amended the Class A Rights
Agreement to, among other things, increase the initial exercise price of each
Class A Right from $80 to $180, extend the expiration date of the Class A Rights
from January 23, 2001 to August 25, 2009, and reflect the appointment of State
Street as successor Rights Agent under the Class A Rights Agreement.
A summary description of the Class A Rights is enclosed for your
convenience.
Sincerely,
Xxxx X. Xxxxxxx
President and Chief Executive Officer
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