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EXHIBIT 99.7
SPECIAL NOTICE TO ELIGIBLE LYNCH CORPORATION
SHAREHOLDERS WHOSE ADDRESSES ARE IN THE STATES
OF MINNESOTA, ______________ OR ______________
Dear Lynch Corporation Shareholder:
Enclosed you will find materials relating to the offering (the "Rights
Offering") by M-tron Industries, Inc. ("M-tron"), an indirect, wholly-owned
subsidiary of Lynch Corporation ("Lynch"), to holders of record of Lynch's
common stock as of the close of business _____________, 2000 (the "Record
Date"), of transferable rights ("Rights") to purchase shares of M-tron's
Class A common stock, par value $0.01 per share (the "Common Shares"). As an
eligible Lynch shareholder, you will receive one Right for each share of
Lynch common stock held on the Record Date. Each 1.5 Rights entitles the
holder thereof to subscribe for and purchase from M-tron one Common Share at
a subscription price of $5.00 per share, provided that such holder is not
located outside of the United States or within certain states in the United
States (the "Excluded Locations").
Because you are located in an Excluded Location, we will not sell Common
Shares to you. You may, however, transfer your Rights if you wish to do so.
Please note that if you transfer your Rights to a person or entity located in
an Excluded Location, we will not sell Common Shares to such person or entity.
If you wish to transfer any or all of your Rights, you must so instruct
American Stock Transfer & Trust Company, the Subscription Agent, by
completing, executing and returning to the Subscription Agent the Excluded
Holder Transfer Form below by 5:00p.m., Eastern Standard Time in the United
States, on ____________________, 2000, unless extended). Rights not exercised
by such time will expire without value.
ANY QUESTIONS OR REQUESTS FOR ASSISTANCE CONCERNING THE RIGHTS OFFERING
SHOULD BE DIRECTED TO THE SUBSCRIPTION AGENT, AT (___) ___-____.
