May 5, 1999 Board of Directors Shelby Williams Industries, Inc. 150 Shelby Williams Drive Morristown, Tennessee 37813 Dear Members of the Board: We understand that Falcon Products, Inc. ("Falcon") and Shelby Williams Industries, Inc. ("Shelby") have...Merger Agreement • June 3rd, 1999 • Shelby Williams Industries Inc • Miscellaneous furniture & fixtures
