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About Value Line

Quick facts about Value Line, Inc.

  • Founded in 1931 as Arnold Bernhard & Company, Inc.
  • Acting Chairman and CEO: Howard Brecher
  • Stock traded on NASDAQ: Symbol: VALU
  • Address: 220 East 42nd Street, New York, NY 10017
  • Telephone: (212) 907-1500
  • www.valueline.com

CORPORATE STRUCTURE

Item 1. BUSINESS.

Value Line, Inc. (the "Company"), a New York corporation, was organized in 1982 and is the successor to substantially all of the operations of Arnold Bernhard & Company, Inc. ("AB&Co."). As of June 30, 2008, AB & Co. owned approximately 86.5% of the Company's issued and outstanding common stock.

The Company's primary businesses are producing investment related periodical publications through its wholly-owned subsidiary, Value Line Publishing, Inc. ("VLP"), and providing investment advisory services to mutual funds, institutions and individual accounts, through its asset management subsidary. VLP publishes in both print and electronic formats The Value Line Investment Survey®, one of the nation's major periodical investment services, as well as The Value Line Investment Survey - Small and Mid-Cap Edition, The Value Line 600, Value Line Select, The Value Line Mutual Fund Survey, The Value Line No-Load Fund Advisor, The Value Line Special Situations Service, The Value Line Daily Options Survey and The Value Line Convertibles Survey. VLP also provides current and historical financial databases which include DataFile, Estimates & Projections, Convertibles and Mutual Funds in standard computer formats. The Company also markets investment analysis software which includes The Value Line Investment Analyzer, Value Line Mutual Fund Survey for Windows®, Value Line Daily Options Survey, Value Line Electronic Convertibles and Value Line Research Center. These electronic products are available on CD-ROM and/or on the Company's internet site, www.valueline.com. The Company's print and electronic services are marketed from time to time through media, direct mail and the internet to retail and institutional investors.

The Company's wholly-owned subsidary, EULAV Asset Management, LLC("EULAV") is the investment adviser for the Value Line Family of Mutual Funds (Value Line Funds), which on June 30, 2008 included 14 open-end investment companies with various investment objectives. In addition, EULAV manages investments for private and institutional clients. EULAV is registered with the Securities and Exchange Commission as an investment adviser under the Investment Advisers Act of 1940.

In addition to Value Line Publishing, the Company's other wholly-owned subsidiaries include Value Line Securities, Inc., Vanderbilt Advertising Agency, Inc., Compupower Corporation and Value Line Distribution Center (VLDC). Value Line Securities, Inc. is a registered broker-dealer and distributor to the Value Line Funds. Vanderbilt Advertising Agency, Inc. places advertising on behalf of the Company and its subsidiaries' businesses. Compupower Corporation serves the subscription fulfillment needs of the VLP's publishing operations. VLDC primarily handles all of the mailings of the publications to VLP's subscribers. Additionally, VLDC is a disaster recovery site for the New York operations. The name "Value Line," as used to describe the Company, its products, and its subsidiaries, is a registered trademark of the Company.

CORPORATE PERSONNEL

Officers

Howard A. Brecher, Acting Chairman and CEO, and Vice President
Mitchell E. Appel, Chief Financial Officer
Stephen R. Anastasio, Treasurer
Tom Sarkany, Secretary

Board of Directors

Howard A. Brecher, Acting Chairman and CEO, and Vice President
Dr. Herbert Pardes
Dr. Edward J. Shanahan
Dr. Edgar A. Buttner
Marion N. Ruth
Ruth Legon
Robert M. Perkins
Mitchell E. Appel, Chief Financial Officer
Stephen R. Anastasio, Treasurer
Tom Sarkany, Secretary

CONTACTING VALUE LINE

By mail: Value Line, Inc., 220 East 42nd St, New York, NY 10017

By telephone:
Main Phone Number (212) 907-1500
Corporate Communications (212) 907-1610

Value Line Publications:
Customer Service (800) 634-3583

By e-mail: vlcr@valueline.com

INVESTOR INFORMATION

Value Line's shares are traded in the NASDAQ Global MarketTM. Symbol: VALU.

WEBSITE ACCESS TO SEC REPORTS

The Company's Web site address is www.valueline.com. The Company's annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and any amendments to these reports are available free of charge on the Financial Info page of the Company's Web site as soon as reasonably practicable after the reports are filed electronically with the Securities and Exchange Commission. Company filings are also available on the SEC Web site, www.sec.gov as soon as reasonably practicable after electronic filing.

Stockholders may obtain a copy of Value Line, Inc.'s most recent Form 10-K, as filed with the Securities and Exchange Commission, without charge, by writing: Secretary, Value Line, Inc., 220 East 42nd Street, NY. NY 10017-5891.

To receive a copy of the current prospectus on any Value Line mutual fund, including management fees, expenses and performance information, write to Value Line Securities, Inc., 220 East 42nd St, NY, NY 10017, call toll free (800) 223-0818 or visit our web site at www.vlfunds.com. Please read the prospectus carefully before investing or sending money.

For detailed information about Value Line's asset management services, please call (212)-907-1605.






Factual material is obtained from sources believed to be reliable, but the publisher is not responsible for any errors or omissions, or for the results of actions taken based on information contained herein. Nothing herein should be construed as an offer to buy or sell securities or to give individual investment advice. © Value Line Publishing, Inc. RIGHTS OF REPRODUCTION AND DISTRIBUTION ARE RESERVED TO THE PUBLISHER. The Publisher does not give investment advice or act as an investment adviser. Value Line, Inc., its subsidiaries, its parent corporation and its subsidiaries, and their officers, directors or employees as well as certain investment companies or investment advisory accounts for which Value Line, Inc. acts as investment advisor, may own stocks that are mentioned on this Value Line Web site.

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