Value Line Cuts Quarterly Cash Dividend to $0.15 from $0.20/Share

Value Line, Inc.,

announced today that its Board of Directors has declared on January 19, 2012 a quarterly cash dividend of $0.15 per share of common stock, payable on February 9, 2012, to stockholders of record on January 30, 2012. Previously the Company had paid quarterly dividends at the rate of $0.20 per share. The Company has 9,896,381 shares of common stock outstanding.