WHX

Bankruptcy Court Order Temporarily Prohibits Trading in WHX Holding Claims and Securities NEW YORK, March 25 /PRNewswire-FirstCall/ -- WHX Corp. (NYSE:WHX), a holding company that has been structured to invest in and/or manage a diverse group of businesses, said that the U.S. Bankruptcy Court for the Southern District of New York has approved notification procedures that will enable the Company to preserve certain valuable tax attributes. Under the Court order, which was approved March 11, 2005, "any purchase, sale or other transfer of claims against or equity securities in the Company in violation of the Notification Procedures shall be null and void and shall confer no rights on the transferee." A hearing for final order approval of the Notification Procedures has been set for March 31, 2005 at 11:30 a.m. Objections must be filed with the Bankruptcy Court and served by 4:00 p.m. (EST) on March 28, 2005. The Interim order also states that, "Any prohibited purchase, sale, trade or other transfer of claims against or equity securities in the Company in violation of the order will be null and void and may result in the imposition of sanctions by the Bankruptcy Court." Those interested in additional information, including the interim order, are asked to visit the Company's website at http://www.whxcorp.com/ or call the toll-free WHX Information Line at 866-423-4355. DATASOURCE: WHX Corp. CONTACT: Sandra Sternberg or Anita-Marie Laurie, both of Sitrick And Company, +1-310-788-2850, for WHX Corp. Web site: http://www.whxcorp.com/

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