Russell A. Boss, President and C.E.O. of A.T. Cross Company, Announces Plans to Retire

Business Wire, April 22, 1999

LINCOLN, R.I.--(BUSINESS WIRE)--April 22, 1999--

- Board of Directors Commencing Search for New President and C.E.O. -

Russell A. Boss, President and C.E.O. of A.T. Cross Company (ASE:ATX), today announced at the Company's annual meeting of stockholders plans to retire from the position of President and C.E.O. The Board of Directors has formed a search committee to appoint a successor. Mr. Boss will remain President and C.E.O. of the Company until such time as a successor is appointed. Furthermore, Mr. Boss is a member of the search committee and will remain a Director of the Company after his retirement.

Russell A. Boss, commenting on the announcement, stated, "After 38 years of working in various capacities for A.T. Cross, the last six of which have been as President and C.E.O., I have chosen to initiate a search for a successor in anticipation of my retirement. I look forward to being intimately involved in the search and remaining actively involved with the Company as a Director. Furthermore, I am extremely confident in A.T. Cross's management team and their ability to manage the future growth of the Company. The Boss family will remain a major shareholder."

A.T. Cross Company is a major international manufacturer of fine writing instruments and also manufactures pen computing products.

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (including but not limited to statements relating to the anticipated benefit from new marketing programs and continued management capabilities). Additional discussions of factors that could cause actual results to differ materially from management's expectations are contained in the Company's filings under the Securities Exchange Act of 1934.