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SCHEDULE 14A INFORMATION

Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934 (Amendment No.           )

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Preliminary Proxy Statement

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Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

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Definitive Proxy Statement

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Definitive Additional Materials

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Soliciting Material Pursuant to §240.14a-12

METHODE ELECTRONICS, INC.

(Name of Registrant as Specified In Its Charter)

 

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
         
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Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11
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    (3)   Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
        

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Fee paid previously with preliminary materials.

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Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

 

 

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Exhibit 99.1

         [LOGO]

News Release


For:   Methode Electronics, Inc.
7401 West Wilson Avenue
Chicago, IL 60706
  Contact:   Joey Iske
Director of Investor Relations
708-457-4060
jiske@methode.com


Methode Electronics, Inc. Cancels Special Meeting of Eligible Class A Stockholders

        CHICAGO, July 23, 2003—Methode Electronics, Inc. (Nasdaq: METHA and METHB) announced today that it has cancelled its special meeting of eligible Class A stockholders scheduled to reconvene on July 24, 2003 at 10:00 A.M. This cancellation is a result of the agreement, announced July 21, 2003, between the William J. McGinley Marital Trusts and affiliated family members and the Company.

About Methode Electronics

        Methode Electronics, Inc. is a global manufacturer of component and subsystem devices. Methode designs, manufactures and markets devices employing electrical, electronic, wireless, sensing and optical technologies. Methode's components are found in the primary end markets of the automotive, communications (including information processing and storage, networking equipment, wireless and terrestrial voice/data systems), aerospace, rail and other transportation industries; and the consumer and industrial equipment markets. Further information can be found at Methode's website http://www.methode.com.




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Methode Electronics, Inc. Cancels Special Meeting of Eligible Class A Stockholders