Coffee Holding Co., Inc. Announces Underwriters' Exercise of
                             Over-Allotment Option

BROOKLYN,  N.Y.-- June 16,  2005--Coffee  Holding Co., Inc.  ("Coffee  Holding")
(AMEX: "JVA") announced today that the underwriters of its previously  announced
underwritten  public offering of 1,400,000 shares of common stock have exercised
their option to purchase the entire  over-allotment option consisting of 210,000
shares of common stock. The net proceeds of the offering, after giving effect to
the over-allotment option, are expected to be approximately $6.6 million. Joseph
Stevens & Company, Inc. is the lead managing underwriter for the offering.

Coffee Holding is a leading  integrated  wholesale  coffee roaster and dealer in
the United States and one of the few coffee  companies that offers a broad array
of coffee products across the entire  spectrum of consumer  tastes,  preferences
and price points.  Coffee Holding has been a family-operated  business for three
generations  and has remained  profitable  through  varying cycles in the coffee
industry and the economy.  Coffee  Holding's  private  label and branded  coffee
products are sold through the United States,  Canada and abroad to supermarkets,
wholesalers, and individually owned and multi-unit retail customers.

This press  release  may  contain  forward-looking  statements  based on current
expectations,   estimates  and   projections   about  the  Company's   industry,
management's  beliefs  and  assumptions  made  by  management.   Words  such  as
"anticipates",  "expects", "intends", "plans", "believes", "seems", "estimates",
or  variations  of such words and similar  expressions  are intended to identify
such forward-looking  statements.  These statements are not guarantees of future
performance and are subject to certain risks, uncertainties and assumptions that
are difficult to forecast.  Therefore, actual results may differ materially from
those  expressed  or forecast in such  forward-looking  statements.  The Company
undertakes  no  obligation to update  publicly any  forward-looking  statements,
whether as a result of new information or otherwise.