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Press Release

October 1, 2007 - Bexil Corporation (the “Company”) today announced that it has filed a Form 15 with the Securities and Exchange Commission (“SEC”) to terminate the registration of its common stock and rights to purchase series A participating preferred stock under the Securities Exchange Act of 1934, as amended (“Exchange Act”).  On September 21, 2007, the Company filed a Form 25 to withdraw the listing of its common stock and rights to purchase series A participating preferred stock from the American Stock Exchange (“AMEX”) to become effective today.

The Company expects that the termination of registration under the Exchange Act will become effective 90 days after filing the Form 15 with the SEC.  As a result of this filing, the Company’s obligation to file with the SEC certain reports and forms, including Forms 10-K, 10-Q, and 8-K, was immediately suspended.  The Company expects to realize significant savings of both costs and time as a result of being relieved of its SEC periodic reporting requirements.  The Company currently intends to provide its stockholders with quarterly earnings announcements and annual audited financial statements.

Although the Company’s common stock no longer will be quoted on the AMEX, it is expected that the common stock will be quoted over-the-counter in the Pink Sheets under symbol BXLC.  Pink Sheets LLC is an electronic network through which participating broker-dealers can make markets and enter orders to buy and sell shares of issuers.  It is a centralized quotation service that collects and publishes market maker quotes in real time primarily through its web site, www.pinksheets.com, which provides stock and bond price quotes, financial news, and information about securities traded.

Bexil is a holding company.  More information about Bexil may be found at its web site at www.bexil.com.

This release contains certain “forward looking statements” made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995.  These statements involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, which may cause the Company’s actual results to be materially different from those expressed or implied by such statements. Such risks, uncertainties and other factors include those described in the Company’s filings with the SEC.  The forward looking statements made herein are only made as of the date of this release, and the Company undertakes no obligation to publicly update such forward looking statements to reflect subsequent events or circumstances.

 

Press Release Links  

September 12, 2007
Bexil Corporation Announces Intention to Voluntarily Delist Common Stock from American Stock Exchange and Terminate Registration as a Public Company
August 14, 2007
Bexil Corporation Announces Second Quarter 2007 Financial Results
May 15, 2007
Bexil Corporation Announces First Quarter 2007 Financial Results
April 7, 2007
Bexil Corporation Announces Conference Call
April 4, 2007
Bexil Corporation Announces 2006 Financial Results
November 14, 2006
Bexil Corporation Announces Third Quarter 2006 Financial Results
November 3, 2006
Bexil Corporation Announces Conference Call
August 15, 2006
Bexil Corporation Announces Second Quarter 2006 Financial Results
July 12, 2006
Bexil Corporation Announces Change of Independent Registered Public Accounting Firm
May 17, 2006
Bexil Corporation Announces First Quarter 2006 Results
May 2, 2006
Bexil Corporation Announces Acquisition Parameters
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



PO Box 4, Walpole, NH 03608 Tel: 1-212-785-0900 Fax: 1-917-746-4802
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