ALJ Releases Third Quarter Revenue Performance

ASHLAND, Ky.--(Business Wire)--
ALJ Regional Holdings, Inc. (Pink Sheets:ALJJ) posted revenues of $19.4 million
and $85.9 million for the three months and nine months, respectively, ended June
30, 2009. This compares to $51.1 million and $133.4 million for the comparable
three month and nine month periods in fiscal 2008. ALJ is the parent company of
KES Acquisition Company dba Kentucky Electric Steel, the owner and operator of a
steel mini-mill near Ashland, Kentucky.

According to John Scheel, ALJ's Chief Executive Officer, "The revenue for the
first three quarters and third quarter of Fiscal 2009 was down 36% and 62% from
the comparable periods in Fiscal 2008 and sales volumes for the same periods
were off by 37% and 50%, respectively. Like most companies in the steel
industry, we have been affected by not only lower volume but also by lower
pricing. The third quarter of Fiscal 2008 was a period of relatively high
pricing so that finished good`s prices for the third quarter of Fiscal 2009 were
off by 24%. We believe that our results reflect the industry-wide reduction in
demand for steel products. We have seen stabilization of sales volumes in the
last quarter and we believe that the market is poised for a protracted recovery.
Further, KES has continued to maintain positive operating income and, as such,
is in a good position to take advantage of any recovery."

This press release contains forward-looking statements.Such statements include
information regarding the stabilization of sales volumes, a possible market
recovery and ALJ's ability to take advantage of any market
recovery.Forward-looking statements involve certain risks and uncertainties and
actual results may differ materially from those discussed in any such
statement.Among the factors that could cause actual results to differ materially
are changes in ALJ's stock price, liquidity needs, market fluctuations or the
occurrence of an "ownership change."Additional factors that could cause actual
results to differ are discussed in ALJ's Annual Report for the fiscal year ended
September 30, 2008 and in its other periodic reports issued through the Pink
Sheets News Service and available at www.pinksheets.com.All forward-looking
statements in this release are made as of the date hereof and ALJ assumes no
obligation to update any forward-looking statement.

ALJ Regional Holdings, Inc.
Jess Ravich, 310-312-5605

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