21st Century Holding Company Declares Regular Quarterly Dividend

LAUDERDALE LAKES, Fla., Sept. 2, 2008 (GLOBE NEWSWIRE) -- The Board of Directors
of 21st Century Holding Company (Nasdaq:TCHC), an insurance holding company,
declared a regular quarterly dividend of $0.18 per common share payable on
December 1, 2008 to shareholders of record as of November 3, 2008 at its regular
quarterly meeting.

About the Company

The Company, through its subsidiaries, underwrites commercial general liability
insurance, homeowners' property and casualty insurance, flood insurance and
personal automobile insurance in the State of Florida. The Company underwrites
general liability coverage as an admitted carrier in the states of Alabama,
Louisiana and Texas for more than 300 classes of business, including special
events. The Company is approved to operate as a surplus lines/non-admitted
carrier in the states of Arkansas, California, Georgia, Kentucky, Maryland,
Missouri, Nevada, Oklahoma, South Carolina and Virginia and offering the same
general liability products. The Company is licensed and has the facilities to
market and underwrite other insurance carriers' lines of business, as well as to
process and adjust claims for third party insurance carriers. In addition to
insurance services, the Company offers premium finance services to its insureds
as well as insureds of certain third party insurance companies.

Safe harbor statements under the Private Securities Litigation Reform Act of
1995: Statements in this press release that are not historical fact are
forward-looking statements that are subject to certain risks and uncertainties
that could cause actual events and results to differ materially from those
discussed herein. Without limiting the generality of the foregoing, words such
as "may," "will," "expect," "believe," "anticipate," "intend," "could," "would,"
"estimate," or "continue" or the other negative variations thereof or comparable
terminology are intended to identify forward-looking statements. The risks and
uncertainties include, without limitation, uncertainties related to estimates,
assumptions and projections generally; inflation and other changes in economic
conditions (including changes in interest rates and financial markets); pricing
competition and other initiatives by competitors; ability to obtain regulatory
approval for applications to underwrite in an additional jurisdiction or for
requested rate changes, and the timing thereof; legislative and regulatory
developments; the outcome of litigation pending against the Company and any
settlement thereof; risks related to the nature of the Company's business;
dependence on investment income and the composition of the Company's investment
portfolio; the adequacy of the Company's liability for loss and loss adjustment
expense; insurance agents; claims experience; limited experience in the
insurance industry; ratings by industry services; catastrophe losses; reliance
on key personnel; weather conditions (including the severity and frequency of
storms, hurricanes, tornadoes and hail); changes in driving patterns and loss
trends; acts of war and terrorist activities; court decisions and trends in
litigation, and health care and auto repair costs; and other matters described
from time to time by the Company in releases and publications, and in periodic
reports and other documents filed with the United States Securities and Exchange
Commission. In addition, investors should be aware that generally accepted
accounting principles prescribe when a company may reserve for particular risks,
including litigation exposures. Accordingly, results for a given reporting
period could be significantly affected if and when a reserve is established for
a major contingency. Reported results may therefore appear to be volatile in
certain accounting periods.

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CONTACT: 21st Century Holding Company
Peter J. Prygelski, CFO
(954) 308-1252 or (954) 581-9993