DALLAS, Oct. 16 /PRNewswire-FirstCall/ -- The Board of Directors of CLST Holdings, Inc. (Pink Sheets: CLHI) has declared a cash distribution of $0.60 per share on common stock to stockholders of record October 26, 2007. The distribution will be paid no later than November 1, 2007. On October 4, 2007, the Company received $7.6 million of the amounts held in the escrow account including accrued interest. Although the remaining withheld $1.4 million is being disputed by CLST Holdings, Inc. and the ultimate outcome is unknown at this time, the receipt of the $7.6 million is ahead of the original plan and is a primary reason for the current distribution at this time. On October 10, 2007, the Company filed its Form 10-Q pursuant to Section 13 or 15(d) of the Securities and Exchange Commission Act of 1934. The included balance sheet as of August 31, 2007 reflected cash and cash equivalents of $17,073,000, total assets of $36,145,000 and total liabilities of $16,150,000. The declared dividend will amount to approximately $12,400,000 which will be paid from available company cash. The Company is pleased to declare this cash distribution earlier than previously anticipated. There may be additional distributions in the future however, there can be no assurance of the timing and amount, if any, of any such distributions. This news release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. DATASOURCE: CLST Holdings, Inc. CONTACT: Robert A. Kaiser of CLST Holdings, Inc., +1-972-361-8428, Web site: http://www.clstholdings.com/

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