EXHIBIT 99


                                   EXX INC
                                  Suite 689
                           1350 East Flamingo Road
                             Las Vegas, NV 89119



                EXX ANNOUNCES AMEX REQUEST FOR FILING LISTING
         APPLICATION  FORMS FOR PRIOR PERFORMANCE AWARD SHARES

   Las Vegas, NV June 1, 2006-EXX INC (Amex EXX-A and EXX-B) today announced
   that on May 25, 2006, it received a notice from The American Stock
   Exchange ("Amex") indicating that the Company is not in compliance with
   listing requirements under Section 301 of the Amex Company Guide
   requiring the Company to file an application for the listing of
   additional shares with respect to 250,000 shares of Class B Common Stock
   which were authorized to be issued to David A. Segal, the Company's
   Chairman, Chief Executive Officer, and Chief Financial Officer pursuant
   to a performance award issued to Mr. Segal in 2003. The Company expects
   to file the required listing of additional shares application on or
   before June 8, 2006 and believes that upon that filing it will be in
   compliance with all applicable continued listing requirements. Amex has
   informed the Company that failure to submit the additional shares
   application by June 8, 2006 and/or any subsequent failure to comply with
   any other continued listing requirements will result in the Amex
   assessing the Company's continued listing eligibility including, as
   appropriate, the application of continued listing evaluation and
   follow-up proceedings specified in Section 1009 of the Amex Company Guide
   and/or initiation of delisting proceedings.




The above results of operations may 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, EXX's ability to continue to access funding for its
operations, the cyclical nature of the industries served by EXX, all of
which have encountered significant downturns in the past; the level of
production by and demand from EXX's principal customers upon which EXX is
substantially dependent; whether, when and to what extent expected orders
materialize; whether EXX will be able to successfully launch new programs;
the impact on EXX of actions by its competitors, some of which are
significantly larger and have greater financial and other resources than
EXX; and developments with respect to contingencies, including environmental
matters, litigation and retained liabilities from businesses previously sold
by EXX; changes in manufacturing and shipment schedules; delays in
completing plant construction and acquisitions, labor disturbances, new
product and technology developments, competition within each business
segment, litigation, significant cost variances, the effects of acquisitions
and divestitures, and other risks.