BXLC Bexil Corporation (PK)

Bexil Corporation ("Bexil") (PINKSHEETS: BXLC) announced today that the 2011 annual meeting of stockholders of the Company will be held at The Down Town Association, 60 Pine Street, New York, New York on June 7, 2011 at 11:00 a.m., local time, for the following purposes: to elect two directors, to ratify the appointment of auditors, to approve an incentive compensation plan, and to act upon any other business as may properly come before the meeting or any adjournment thereto. Stockholders of record at the close of business on April 8, 2011 are entitled to receive notice of and to vote at the meeting. After the formal business of the meeting is concluded, company executives will make a presentation of financial results and business developments, and respond to questions.

To access the annual meeting and presentation by conference call, please dial toll free 1-888-245-4141 (international toll phone number: (630) 364-3730) room number: 452358. A recording of the call will be posted on www.bexil.com for a limited time.

About Bexil Corporation

Bexil is engaged through a subsidiary as investment manager to Dividend and Income Fund, Inc., a closed end fund (NYSE: DNI) (NAV: XDNIX). 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, closed end funds, and proprietary trading.

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 company's 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 the company 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 the 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