Empire Resources Declares Dividend for the Third Quarter of 2004

FORT LEE, N.J., Sept. 10 -- Empire Resources, Inc. (AMEX:ERS) , announced that its Board of Directors has declared a cash dividend of $0.04 per share. The dividend is payable on October 5, 2004 to stockholders of record at the close of business on September 29, 2004. The Board of Directors intends to review its dividend policy on a quarterly basis and a determination by the Board of Directors will be made subject to profitability, free cash flow and other requirements of the business.

Empire Resources, Inc., is a distributor of a wide range of semi-finished aluminum products to customers in the transportation, automotive, housing, appliance and packaging industries in the U.S., Canada, Australia and New Zealand. It maintains supply contracts with aluminum mills in various parts of the world.