Bexil Corporation Announces Change in Annual Meeting Location

   Bexil Corporation (PINKSHEETS: BXLC) announced today that the location of its 2012 annual meeting of stockholders on June 5, 2012 at 11:00 a.m., local time, has been changed to The Bailey Pub & Brasserie, 52 William St., New York, New York.

To access the annual meeting and presentation by conference call, please dial 1-218-862-6420, Access Code: 3396650#.

About Bexil Corporation

Bexil Corporation is a holding company engaged through subsidiaries in investment management, securities trading, and mortgage banking. To learn more about Bexil, including Rule 15c2-11 information, please visit www.bexil.com. Certain affiliates of Bexil are engaged in stock market and gold investing through investment management of equity and gold mutual funds and closed end funds.

Safe Harbor Note

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 Bexil Corporation, which may cause the actual results to be materially different from those expressed or implied by such statements. The forward looking statements made herein are only made as of the date of this release, and Bexil undertakes no obligation to publicly update such forward looking statements to reflect subsequent events or circumstances.

This press release is neither an offer to sell, nor a solicitation of an offer to buy, shares of any company, nor is it a solicitation of any proxy.

Contact: Thomas O'Malley Chief Financial Officer 1-212-785-0400, ext. 267 Email Contact www.bexil.com