Atlanta, Georgia (July 25, 2001) -- KRUG International Corp. (AMEX:KRG) announced today that its 2001 Annual Meeting of Shareholders will be held on Monday, August 20, 2001, at 2:00 p.m., Eastern Daylight Time, in Atlanta, Georgia, for the purpose of voting upon (1) the election of four directors for a two-year term; (2) a proposal to change the name of the Corporation to "SunLink Health Systems, Inc."; (3) proposal to change the date of the Annual Meeting of Shareholders to reflect the change in the Corporation's fiscal year-end to June 30; (4) the 2001 Long Term Stock Option Plan for key employees; and (5) the 2001 Outside Directors' Stock Ownership and Stock Option Plan.
The Corporation stated shareholders of record on July 5, 2001 will be eligible to vote either by mail prior to the meeting or in person at the meeting. All shareholders are encouraged and invited to attend the annual meeting of KRUG.
The Corporation's proxy materials containing the information about the matters to be voted on were mailed to shareholders on July 20 to give them sufficient time to consider the information so all shareholders can vote their shares in a timely and informed manner.
All inquiries regarding voting your shares for the annual meeting should be addressed to Georgeson Shareholder at 1-800/829-8432.
