The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

Cherry Corporation Stockholders Approve One Class of Stock

21 June 1999

Cherry Corporation Stockholders Approve One Class of Stock
    WAUKEGAN, Ill., June 18 -- The Cherry Corporation
(Nasdaq: CHERA, CHERB) today announced that the stockholders approved the
reclassification of its two classes of common stock to one class of voting
common stock at the annual meeting held on June 17, 1999.  The change is
expected to increase the trading volume in the single class of stock and
improve liquidity.
    The amendment to the Company's restated certificate of incorporation
became effective today with the filing made with the State of Delaware this
morning.  The new common stock will begin trading under the symbol "CHER" at
the opening of The Nasdaq Stock Market on June 21, 1999.  The former Class B
common stock data will be retained for historical reference.
    The Cherry Corporation manufactures proprietary and custom electrical
switches, sensors, electronic keyboards and controls, and semiconductors for
the worldwide automotive, computer, and consumer and commercial markets.  The
company has eight wholly owned subsidiaries in the United States, Germany,
England, France, Australia, Czech Republic, Mexico and Hong Kong.  Cherry also
has 50-50 joint ventures in Japan, Hirose Cherry Precision Company Limited,
and in India, TVS Cherry Private Limited.  Additional information is available
on the company's website at http://www.cherrycorp.com
    Certain statements in this press release, including those regarding
increases in trading volume and improvements in liquidity are "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995 and involve certain risks and uncertainties that could significantly
impact future results.  A discussion of these risks and uncertainties is
contained in the Company's Form 10-K for the year ended February 28, 1999,
filed with the Securities and Exchange Commission.