Ramius Capital Urges Lamson & Sessions Board of Directors to Set Date for Annual Meeting or Add Ramius Representatives to Board

  
    
  
  
    
      Admiral Advisors, LLC, a subsidiary of Ramius Capital Group, L.L.C. 
      (collectively, “Ramius”) 
      today delivered a letter to the President and Chief Executive Officer of 
      The Lamson & Sessions Co. (“Lamson”)(NYSE: 
      LMS) and its Board of Directors in which it urged Lamson to promptly set 
      a date for its 2007 annual meeting of shareholders or add two Ramius 
      representatives to Lamson’s Board of 
      Directors. In addition, Starboard Value and Opportunity Master Fund 
      Ltd., an affiliate of Ramius, today filed preliminary proxy materials 
      with the Securities and Exchange Commission seeking to elect its 
      nominees to the Board of Directors of Lamson at the 2007 annual 
      shareholders’ meeting.
    
    
      Full text of the letter follows:
    
    April 26, 2007

Michael Merriman
The Lamson & Sessions Co.
President and CEO
25701 Science Park Drive
Cleveland, OH 44122

CC: Board of Directors

Dear Michael,

April 28, 2007 marks the one year anniversary of last year's annual
shareholders' meeting of The Lamson & Sessions Co. (the "Company"). To
our knowledge, the Board of Directors of the Company (the "Board") has
not yet set a date for this year's annual meeting (the "2007 Annual
Meeting"). We believe the Board may have delayed scheduling the 2007
Annual Meeting because of the exploration of strategic alternatives
currently underway. We are supportive of the Board's decision to hire
Perella Weinberg to assist in this process. However, it is not the
Board's right to unilaterally decide for the Company's shareholders
that the current Board best represents the interests of the
shareholders during these pivotal times.

We request that the Company either promptly set the date for the 2007
Annual Meeting so that shareholders may vote for who they believe will
represent their best interests (including our nominees as minority
representatives on the Board to assist in making these material
decisions), or, alternatively, immediately name two of our nominees to
the Board to help the current Board members evaluate what are likely
complicated and weighty alternatives. Our request for minority
representation on the Board is reasonable, just, and frankly similar
to what we have suggested to you and the Board on several occasions in
the past. We believe such minority representation would add
considerable value to the Board's deliberations and would avoid an
unnecessary proxy contest. We would expect our two nominees to serve
on a special committee of the Board with other independent directors
to work with Perella Weinberg in reviewing strategic alternatives.

Thank you for your consideration and, as always, we trust that the
shareholders' best interest will remain of paramount importance.

Best Regards,

Jeffrey C. Smith
Partner
Ramius Capital Group
    
      About Ramius Capital Group, L.L.C.
    
    
      Ramius Capital Group is a registered investment advisor that manages 
      assets of approximately $8 billion in a variety of alternative 
      investment strategies. Ramius Capital Group is headquartered in New York 
      with offices located in London, Tokyo, Hong Kong, Munich, and Vienna.
    
    
      CERTAIN INFORMATION CONCERNING THE PARTICIPANTS
    
    
      Starboard Value and Opportunity Master Fund Ltd., an affiliate of Ramius 
      Capital Group, L.L.C. (“Ramius Capital”), 
      together with the other participants named herein, has made a 
      preliminary filing with the Securities and Exchange Commission (“SEC”) 
      of a proxy statement and an accompanying proxy card to be used to 
      solicit votes for the election of its nominees at the 2007 annual 
      meeting of shareholders of The Lamson & Sessions Co., an Ohio 
      corporation (the “Company”).
    
    
      RAMIUS CAPITAL ADVISES ALL SHAREHOLDERS OF THE COMPANY TO READ THE PROXY 
      STATEMENT AND OTHER PROXY MATERIALS AS THEY BECOME AVAILABLE BECAUSE 
      THEY WILL CONTAIN IMPORTANT INFORMATION. SUCH PROXY MATERIALS WILL BE 
      AVAILABLE AT NO CHARGE ON THE SEC’S WEB SITE 
      AT HTTP://WWW.SEC.GOV. IN ADDITION, THE 
      PARTICIPANTS IN THE PROXY SOLICITATION WILL PROVIDE COPIES OF THE PROXY 
      STATEMENT WITHOUT CHARGE UPON REQUEST. REQUESTS FOR COPIES SHOULD BE 
      DIRECTED TO THE PARTICIPANTS' PROXY SOLICITOR, MACKENZIE PARTNERS, INC., 
      TOLL-FREE AT [phone] OR COLLECT AT [phone] OR VIA EMAIL AT [e-mail].
    
    
      The participants in the proxy solicitation are Starboard Value and 
      Opportunity Master Fund Ltd., a Cayman Islands exempted company (“Starboard”), 
      Parche, LLC, a Delaware limited liability company (“Parche”), 
      Admiral Advisors, LLC, a Delaware limited liability company, Ramius 
      Capital Group, L.L.C., a Delaware limited liability company (“Ramius 
      Capital”), C4S & Co., L.L.C., a Delaware 
      limited liability company (“C4S”), 
      Peter A. Cohen, Morgan B. Stark, Thomas W. Strauss, Jeffrey M. Solomon, 
      Michael Caporale, Jr., William J. Fox and Jeffrey C. Smith (the “Participants”).
    
    
      Starboard beneficially owns 1,318,244 shares of Common Stock of the 
      Company. Parche beneficially owns 251,094 shares of Common Stock of the 
      Company. As the investment manager of Starboard and the managing member 
      of Parche, Admiral Advisors may be deemed to beneficially own the 
      1,318,244 shares of Common Stock of the Company owned by Starboard and 
      the 251,094 shares of Common Stock of the Company owned by Parche. As 
      the sole member of Admiral Advisors, Ramius Capital may be deemed to 
      beneficially own the 1,318,244 shares of Common Stock of the Company 
      owned by Starboard and the 251,094 shares of Common Stock of the Company 
      owned by Parche. As the managing member of Ramius Capital, C4S may be 
      deemed to beneficially own the 1,318,244 shares of Common Stock of the 
      Company owned by Starboard and the 251,094 shares of Common Stock of the 
      Company owned by Parche.
    
    
      As the managing members of C4S, each of Mr. Cohen, Mr. Stark, Mr. 
      Strauss and Mr. Solomon may be deemed to beneficially own the 1,318,244 
      shares of Common Stock of the Company owned by Starboard and the 251,094 
      shares of Common Stock of the Company owned by Parche.
    
    
      Mr. Caporale does not beneficially own any shares of Common Stock of the 
      Company.
    
    
      Mr. Fox does not beneficially own any shares of Common Stock of the 
      Company.
    
    
      Mr. Smith does not beneficially own any shares of Common Stock of the 
      Company.