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NOTICE OF REDEMPTION OF RIGHTS
Reference is made to that certain Rights Agreement dated April 17, 2000
(effective as of April 18, 2000), between Brunswick Technologies, Inc. (the
"Company") and State Street Bank and Trust Company (the "Rights Agreement").
Capitalized terms used herein not otherwise defined shall have the meanings
ascribed to them in the Rights Agreement.
Pursuant to Section 23 of the Rights Agreement, the Board of Directors of
the Company has resolved to redeem all outstanding Rights. Such redemption
became effective June 12, 2000. The Redemption Price of $.001 per Right shall be
paid by check mailed on or about July 10, 2000 to all holders of Rights as of
June 11, 2000, the record date for determining shareholders entitled to payment
upon redemption.
Dated: June 15, 2000
BRUNSWICK TECHNOLOGIES, INC.
By: /s/ Xxxxxx X. Xxxxxxx
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Xxxxxx X. Xxxxxxx
Chairman and Chief Executive Officer
