EXHIBIT 99.1 FOR INFORMATION CONTACT Eugene K. Friesen (214) 823-9941 May 6, 1999 DALLAS, TEXAS.Howard B. Wolf, Inc. (HBW-AMEX) Dallas based womens fashion apparel manufacturer, announced that the shareholders, at their duly called meeting today, approved the Plan of Liquidation and Dissolution, pursuant to which the Company will liquidate itself and distribute its assets to the shareholders.