EXHIBIT 99.1


                                   EXX INC
                                  SUITE 689
                           1350 EAST FLAMINGO ROAD
                             LAS VEGAS, NV 89119



                   EXX INC SUBSIDIARY ACQUIRES ASSETS OF A
                     MANUFACTURER OF VINYL WALLCOVERINGS

LAS VEGAS, NV October 5, 2005-- EXX INC (Amex EXX-A and EXX-B) today
announced that on October 4, 2005, a wholly owned subsidiary of EXX INC
acquired substantially all of the assets of Sellers and Josephson, Inc., an
Englewood, New Jersey manufacturer of vinyl wallcoverings. The assets were
acquired through a bankruptcy court sale of assets. The assets and business
acquired will be operated as a newly incorporated wholly owned subsidiary of
EXX INC using the Sellers and Josephson name. Management anticipates this
acquisition will prove to be profitable in 2006.

The above results of operations contain certain forward-looking statements
which are covered under the safe harbor provisions of the Private Securities
Legislation Reform Act of 1995 with respect to the Company's future
financial performance. Although EXX INC believes the expectations reflected
in such forward-looking statements are based on reasonable assumptions, it
can give no assurance that its expectations will be realized.
Forward-looking statements involve known and unknown risks which may cause
EXX INC's actual results and corporate developments to differ materially
from those expected. Factors that could cause results and developments to
differ materially from EXX INC's expectations include, without limitation,
changes in manufacturing and shipment schedules, new product and technology
developments, competition within each business segment, cyclicality of the
markets for the products of a major segment, litigation, significant cost
variances, the effects of acquisitions and divestitures and other risks.