SEC Approves Previously Reported Settlement Offer Made by Value Line, Inc.

NEW YORK, Nov. 4 /PRNewswire-FirstCall/ -- Value Line, Inc. (Nasdaq: VALU)
announced today that its previously reported offer to settle a Securities and
Exchange Commission investigation begun in 2005 has been accepted by the
Commission. Value Line and two of its former officers neither admit nor deny
the findings of the investigation, which relate to commissions and fees paid
by nine Value Line equity mutual funds to an affiliated brokerage subsidiary
from 1986 through November 2004.

During this period the affiliated brokerage revenue comprised less than 1-1/2%
of Value Line, Inc.'s total revenue. Value Line management ended the
affiliated brokerage practice in 2004.

SOURCE Value Line, Inc.

William McBride, Kreab Gavin Anderson, +1-212-515-1970