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Press Releases

 

April 28, 2006

Bexil Corporation Announces Consummation of York Sale and Payment Date of Special Dividend 

NEW YORK - Bexil Corporation (AMEX: BXL) announced today that it had consummated the sale of its 50% interest in privately held York Insurance Services Group, Inc. to a newly formed entity controlled by a private equity fund and certain other investors for approximately $39 million in cash.  

As previously disclosed, on December 29, 2005 Bexil's Board of Directors authorized a special dividend to stockholders of $1.00 per share of the common stock contingent upon the closing of the sale. The following record and payment dates have now been established for such dividend: payable May 31, 2006 to stockholders of record on May 15, 2006.

Bexil is a holding company. Approximately 25% of Bexil's shares are owned by Winmill & Co. Incorporated (OTC: WNMLA), which is engaged through subsidiaries in investment management, including gold investing through its management of gold mutual fund Midas Fund (MIDSX), and securities trading.

Safe Harbor Note

Certain of the statements and predictions contained herein constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act. In particular, any statements, projections or estimates that include or reference the words "believes," "intends," "anticipates," "plans," "expects," "will," or any similar expression fall within the safe harbor for forward-looking statements contained in the Reform Act. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties, and other factors, including those set forth below, which may cause our actual results, performance or achievements to be materially different from any future results, performance, or achievements expressed or implied by those statements. More information on potential risks and uncertainties is available in the Company's recent filings with the Securities and Exchange Commission, including its Form 10-KSB, quarterly Form 10-QSB reports and Forms 8-K.

 

Press Release Links

April 28, 2006
Bexil Corporation Announces Consummation of York Sale and Payment Date of Special Dividend
April 27, 2006
Bexil Corporation Announces Stockholder Approval of York Sale
April 3, 2006
Bexil Corporation Announces 2005 Financial Results
December 27, 2005
Bexil Corporation Agrees to Sell Interest in York Insurance Services Group
November 14, 2005
Bexil Corporation Announces Third Quarter 2005 Financial Results
Novermber 10, 2005
Bexil Corporation Adopts Shareholder Rights Plan
November 9, 2005
Bexil Corporation Announces Conference Call  
August 15, 2005
Bexil Corporation Announces Second Quarter 2005 Financial Results 
July 11, 2005
Bexil Corporation Announces Financial Results for the First Quarter Ended March 31, 2005
June 20, 2005
Bexil Corporation Announces Financial Results for 2004 and New Filing Date for 10-QSB
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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