Zoltek Issues Response to Request for Special Shareholder Meeting, Says Will Continue Review

Zoltek Companies, Inc. (Nasdaq: ZOLT) today reported that it had received a request for a special shareholdersmeeting from a group of shareholders that filed a Schedule 13D reportingbeneficial ownership of an aggregate of approximately 10.1% of the Company'soutstanding common stock. The group indicated that it is led by QuinparioPartners, LLC and Jeffry N. Quinn. The group is seeking the specialshareholders meeting in order to remove the six current members of the Boardof Directors without cause and elect a new slate of five directors.      The Company has advised the group's counsel that, based on the Company'spreliminary review of the request, it appears that the request is deficient inseveral material respects, including both as to form and content. The Companyfurther advised the group's counsel that, in view of the deficiencies, theCompany does not plan to call the special shareholders meeting requested inthe letter. Finally, the Company stated that it will continue its review andrespond to the group in greater detail once it has a reasonable opportunity toconsider the matters set forth in the letter.