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Letter from the President

Welcome to Bexil Corporation!

Our objective is simple, straightforward, and sharply focused: to increase book value per share over time. We believe that long term stockholders will benefit from a rising book value as market recognition builds and investors come to appreciate Bexil's intrinsic value as well.

How do we propose to increase book value? Through majority interests in the best businesses we can find, where we can work with superior managers to grow the value of the business prudently and solidly for the long term. Bexil's preferred acquisition is a management led buyout. We are particularly interested in a spin-off from a larger company, where Bexil can provide the majority equity component of a leveraged buyout (LBO) financing.

Having the value of your investment in Bexil grow is as important to us as it is to you -- management and affiliates own over 30% of Bexil's shares.

We hope you find this web site useful and informative, whether you are a current stockholder or considering becoming one. If you have any questions or comments about this web site or Bexil Corporation, please do not hesitate to contact me personally at

We appreciate and thank you for your interest in Bexil.


Thomas B. Winmill

PO Box 4, Walpole, NH 03608 Tel: 1-212-785-0900 Fax: 1-917-746-4802
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