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Press Releases

April 26, 2005

BEXIL CORPORATION ANNOUNCES RECEIPT OF AMEX NOTICE OF FAILURE TO SATISFY CONTINUED LISTING STANDARD 

NEW YORK -- Bexil Corporation (AMEX: BXL) announced today that it had received a notice of failure to satisfy a continued listing standard from the American Stock Exchange on April 20, 2005 relating to its obligation to file a Form 10-KSB for the fiscal year ended December 31, 2004. The Exchange advised Bexil that the timely filing of such reports is a condition for

 the Bexil's continued listing on the Exchange and that the failure to timely file a Form 10-KSB is a material violation of Bexil's listing agreement with the Exchange.

Previously, Bexil had announced that it had submitted a notification of late filing on Form 12b-25 that it would make a late filing of its annual report on Form 10-KSB for the year ended December 31, 2004 due to delays in concluding the new client acceptance process with its new auditors. Bexil's Form 10-KSB filing is currently expected by May 20, 2005.

In response to the notice, Bexil confirmed its receipt of the notice to the Exchange and discussed developments with the Exchange staff. Bexil also indicated that it intends to submit a plan of compliance to the Exchange by May 4, 2005, advising the Exchange of action it has taken, or will take, that would bring Bexil into compliance by no later than June 15, 2005. The Exchange has advised Bexil that the Listings Qualifications Department management will evaluate the plan, including any supporting documentation, and make a determination as to whether Bexil has made a reasonable demonstration in the plan of an ability to regain compliance with all applicable continued listing standards by June 15, 2005, in which case the plan will be accepted. The Exchange has further advised Bexil that if the plan is accepted, Bexil will remain listed during the plan period, during which time it will be subject to periodic review to determine whether it is making progress consistent with the plan.

This press release may contain "forward looking information" and "forward looking statements" and similar expressions that reflect Bexil's current expectations about its future performance, and are subject to risks, uncertainties and other factors that could cause Bexil's actual performance to differ materially from those expressed in, or implied by, the forward looking information and these forward-looking statements.

Press Release Links

April 26, 2005
Bexil Corporation Announces Receipt of AMEX Notice of Failure to Satisfy Continued Listing Standard 
April 18, 2005
Bexil Corporation Announces Change of Independent Registered Public Accounting Firms                                
September 13, 2004
Bexil Corporation Announces Conference Call
August 13, 2004
Bexil Corporation Announces Financial Results for the Second Quarter Ended June 30, 2004
May 17, 2004
Bexil Corporation Announces Financial Results for the First Quarter 2004
March 1, 2004
Bexil Corporation Omits First Quarter Dividend
January 6, 2004
Bexil Corporation Announces Deregistration



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