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PRESS RELEASES


December 3, 2003
News Release
For Immediate Release

AMEX: TUX
CUSIP 901144105



TUXIS CORPORATION DECLARES QUARTERLY DIVIDEND

NEW YORK -- A quarterly dividend distribution of $.15 per share for the quarter ending December 31, 2003 was declared today by Tuxis Corporation (AMEX: TUX), payable December 31, 2003 to shareholders of record December 17, 2003. The current quarterly dividend distribution is hereby designated as a distribution in accordance with Section 19 of the Investment Company Act of 1940 partially from the Company's paid-in capital and any net realized capital gains, subject to further notice. The source of the Company's distributions are estimated at the time of declaration and may be adjusted following the close of its fiscal year and the annual audit of the Company's financial statements by Tait, Weller, & Baker, the Company's independent certified public account­ants.

Currently, Tuxis is following through on shareholder approval to change the nature of the Company's business so as to cease to be an investment company and to concentrate in real estate and related services and in that connection management is conducting a real estate review, development, and acquisition program. More information about the Company can be found at www.tuxis.com.



 

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Principal Office:   3814 Route 44, Millbrook, NY 12545   |  Tel: (845) 677-2700   |  Fax: (845) 677-2800
Connecticut Office:   6 Heritage Park Road, Clinton, CT 06413   |  Tel: (860) 669-9302
Tuxis Self Storage,  where "Security is Our First Priority"

This web site, including the financial statements included herein, is provided to the shareholders of the Company for their information.
The financial information included herein is taken from the records of the Company.
This is not a prospectus, circular or representation intended for use in the purchase of shares of the Company or any securities mentioned in this web site.