Mackie Designs Announces Anticipated Sun Transaction Closing, Voluntary Nasdaq Delisting and Anticipated Move to NASD's OTC Bulletin Board

February 7, 2003– Woodinville, WA – Mackie Designs Inc. announced today that its transaction with Sun Capital is currently anticipated to close on or before February 14, 2003. The Company also noted that, as previously announced, it had applied for voluntarily delisting from the Nasdaq Stock Market in connection with the Sun transaction. In accordance with that application, effective February 7, 2003, Mackie's common shares will cease trading on the Nasdaq Stock Market. An application has been filed with the National Association of Securities Dealers' Over-the-Counter Bulletin Board ("OTC Bulletin Board") for quotation of Mackie Designs' shares. The Company is awaiting final approval from the National Association of Securities Dealers for quotation of its common stock on the OTC Bulletin Board.

About Mackie
Mackie Designs is a leading designer, manufacturer and marketer of professional audio equipment. The Company sells audio mixers, mixer systems, power amplifiers, and professional loudspeakers. For more information, visit www.mackie.com

Forward-Looking Statements
This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and the following: the Company's ability to satisfy the conditions to closing, changes in demand for the Company's products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing, difficulties encountered in the integration of acquired businesses, the possible need for additional capital, the ability of Sun Capital to assist the Company in its efforts to improve existing operations and pursue new opportunities, the ability of the Company to reduce costs and increase productivity and other risks discussed from time to time in the Company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

"Mackie" is a registered trademark of Mackie Designs Inc. in the United States and other countries.