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 andExchange Commission investigation begun in 2005 has been accepted by theCommission. Value Line and two of its former officers neither admit nor denythe findings of the investigation, which relate to commissions and fees paidby nine Value Line equity mutual funds to an affiliated brokerage subsidiaryfrom 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 theaffiliated brokerage practice in 2004.SOURCE Value Line, Inc.William McBride, Kreab Gavin Anderson, +1-212-515-1970

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