EXX INC Announces First Quarter Consolidated Sales and Net Income for 2005

LAS VEGAS, May 13, 2005 -- EXX INC (AMEX:EXX-A) (AMEX:and) (AMEX:EXX-B) today announced its consolidated sales and net income for the quarter ended March 31, 2005.

                                             2005             2004
                                         (unaudited)       (unaudited)
  Quarter Ended March 31

      Net sales                          $ 37,526,000     $ 36,314,000

      Net income                         $    456,000     $    851,000 (A)

      Per EXX-A & B Shares:

      Basic                              $        .04     $        .08 (A)

      Assuming dilution                  $        .04     $        .07 (A)

  Average Shares Outstanding

      Basic                                11,270,400       11,270,400

      Assuming dilution                    12,252,639       12,762,391

   (A)  Restated to reflect amortization of customer relationships
        intangible asset totaling $164,000 or $.01 per share.