Del Global Urges Shareholders to Return White Proxy Card.

Business Editors

VALHALLA, N.Y.--(BUSINESS WIRE)--May 14, 2003

Del Global Technologies Corp. (DGTC) ("Del") is mailing the following letter to the Company's shareholders:

                               IMPORTANT

May 14, 2003

Dear Valued Shareholder:

Our Annual Meeting of Shareholders on May 29th is fast
approaching.

      SEND IN YOUR VOTE SUPPORTING DEL GLOBAL'S DIRECTOR NOMINEES
                                TODAY!

                      VOTE THE WHITE PROXY CARD!

Your new management team has led the Company through a massive
turnaround, made dramatic performance progress and expects to return
to operating profitability in the fourth quarter of Fiscal 2003,
absent unbudgeted expenses(1). Integrity and stability have been
restored to the business, and we are now better positioned for growth
than at any time in our history.

Del Global's executive team and nominees for your Board of Directors
are highly qualified to implement the Company's growth strategies and
maximize your investment.

We strongly believe that Steel Partners II, L.P., the group attempting
to take control of your Company, will not serve the best long-term
interests of shareholders. Indeed, the absence of any discernable
business plan, and its prior track record, supports our belief that
its interests are opportunistic and short-term.

        DON'T LET THIS "VULTURE" FUND PICK APART YOUR COMPANY!

Many of you suffered through a very difficult period with Del Global.
With the problems of the past largely behind us, we can now focus on a
promising future - a future in which we are strategically positioned
for accelerated growth and enhanced value for all shareholders.

           REALIZE THE LONGER-TERM VALUE OF YOUR INVESTMENT!

                VOTE FOR DEL'S DIRECTOR NOMINEES TODAY!

  Even if you previously voted for Steel Partners' nominees on their
         gold proxy card, you can easily change your vote, by
                   sending in your WHITE proxy card.

On Behalf of the Board of Directors,

Sincerely,
Samuel E. Park
President and Chief Executive Officer

Statements about future results made in this release may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements are based
on current expectations and the current economic environment. The
Company cautions that these statements are not guarantees of future
performance. They involve a number of risks and uncertainties that are
difficult to predict including, but not limited to, the ability of the
Company to implement its business plan, management changes, changing
industry and competitive conditions, obtaining anticipated operating
efficiencies, securing necessary capital facilities, favorable
determinations in various legal and regulatory matters and favorable
general economic conditions. Actual results could differ materially
from those expressed or implied in the forward-looking statements.
Important assumptions and other important factors that could cause
actual results to differ materially from those in the forward-looking
statements are specified in the Company's filings with the Securities
and Exchange Commission.

Del Global filed with the Securities and Exchange Commission a
definitive proxy statement relating to the solicitation of proxies
with respect to the Del Global 2003 Annual Meeting of Shareholders.
Del Global will file with the Commission, and may file other proxy
solicitation materials. Investors and security holders are urged to
read the proxy statement and any other proxy solicitation materials
(when they become available) because they will contain important
information. Del Global and the Directors and certain of the executive
officers of Del Global may be deemed to be participants in the
solicitation of proxies in respect of electing the Board of Directors
of Del Global at the 2003 Annual Meeting of Shareholders. Additional
information with respect to the beneficial ownership of those
executive officers and Directors of Del Global common stock is set
forth in the definitive proxy statement filed by Del Global with the
Commission. Investors and security holders may obtain a free copy of
the definitive proxy statement and other documents filed by Del Global
with the Commission at the Commission's website at
http://www.sec.gov. You may also access a copy of the definitive proxy
statement by accessing www.delglobal.com, or by contacting Georgeson
Shareholder Communications, Inc. toll free at [phone] (banks
and brokers call collect at [phone]).

(1.) Del Global expects to return to operating profitability in the
fourth quarter of Fiscal 2003, absent unbudgeted expenses, such as
costs associated with a potential settlement with the Department of
Defense. In our Power Conversion Group segment, our forecasted sales
for the fourth quarter are fully in backlog, and expectations
regarding sales and operating income are based upon our current
production rate, demonstrated capacity, shipping schedule and our
current cost structure. The completion of the consolidation of our
High Voltage division is now beginning to be reflected in higher
operating income for this segment, and we expect continuing
improvement. In our Medical Systems segment, we are experiencing some
short term market softness particularly in the Middle East and the
domestic market, and have taken steps to reduce operating costs in
order to achieve our expected operating income. As a result, we
believe that operating income in the fourth quarter of fiscal 2003 on
a consolidated basis will be positive.

                             HOW TO VOTE:

   YOUR VOTE IS IMPORTANT, NO MATTER HOW MANY OR HOW FEW SHARES YOU
                                  OWN

1. If your shares are registered in your own name, please sign,
date and mail the enclosed WHITE Proxy Card to Georgeson Shareholder
Communications Inc. in the postage paid envelope provided today.

2. If your shares are held in the name of a brokerage firm, bank
nominee or other institution, only it can sign a WHITE Proxy Card with
respect to your shares and only after receiving your specific
instructions. Accordingly, please sign, date and mail the enclosed
WHITE Proxy Card in the postage-paid envelope provided, and to ensure
that your shares are voted, you should also contact the person
responsible for your account and give instructions for a WHITE Proxy
Card to be issued representing your shares.

3. After signing the enclosed WHITE Proxy Card do not sign or
return the Gold proxy card. Remember - only your latest dated proxy
will determine how your shares are to be voted at the meeting. If you
voted a Gold proxy card and want to change your vote, you can do so
now by sending in this WHITE proxy card.

4. If you have any questions or need further assistance in voting
your shares, please contact our proxy solicitor.

                         Georgeson Shareholder

                      17 State Street, 10th Floor
                          New York, NY 10004
                   Banks and Brokers [phone]
              Shareholders Call Toll Free [phone]