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BKF Capital Group, Inc. Announces Settlement Agreement in Principle with the United States over Legacy CERCLA Lawsuits

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BKF Capital Group, Inc. (OTC:BKFG), a closely-held holding company that
provides capital primarily in the form of share ownership, today
announced that it has reached a comprehensive settlement agreement in
principle to resolve two civil complaints filed by the United States
asserting that BKF Capital Group is allegedly liable for remediation
costs under the Comprehensive Environmental Response, Compensation, and
Liability Act (CERCLA).

Under the preliminary settlement, BKF will pay $725,000 covering both
cases, and will receive a full release from further liability on tracts
of land now known as the Avon Park Air Force Range. Predecessors to BKF
Capital Group owned the land until 1942 when it was transferred to the
United States Government pursuant to a Judgment on Declaration of Taking.

"We believe that the Company had valid factual and legal defenses to
these complaints and we were prepared to vigorously defend the claims,"
stated Steven N. Bronson, CEO of BKF Capital Group, Inc. "However,
CERCLA cases can be very expensive to litigate and we believe the
settlement represents the best course of action to move the Company
forward unimpeded by the costs and distractions of managing the
lawsuits."

The settlement is subject to the negotiation and approval of a Consent
Decree, which will be presented to the District Court (Middle District
of Florida) in the normal course. Cash payment of the settlement
obligation is not expected to occur until Q2 of 2019.

About BKF Capital Group, Inc.

BKF Capital Group, Inc. is a holding company that invests in innovative
and high-growth technology companies. We make capital investments
through our wholly owned subsidiary, BKF Asset Holdings, Inc. Our most
prominent assets are Interlink Electronics, Inc. (NASDAQ:LINK), a global
leader in human-machine interface and sensor technologies, and Qualstar
Corporation (NASDAQ:QBAK), a leading manufacturer of data storage
solutions and high-efficiency power supplies.

Our principal executive office is located at 31248 Oak Crest Drive,
Suite 110, Westlake Village, CA 91361. The Company's securities were
registered under Section 12(g) of the Securities Exchange Act of 1934.
On May 20, 2015, we filed Form 15 to terminate the registration and
reporting obligations under Section 12(g). Since May 20, 2015, we make
available our annual financial statements, quarterly financial
statements, and other significant reports and amendments to such
reports, free of charge, on our website as soon as reasonably
practicable after such reports are prepared. Our website address is www.bkfcapital.com.

Forward Looking Statements

This release contains forward-looking statements made in reliance
upon the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements include, but are not
limited to, the Company's views on future financial performance and are
generally identified by phrases such as "thinks," "anticipates,"
"believes," "estimates," "expects," "intends," "plans," and similar
words. Forward-looking statements are not guarantees of future
performance and are inherently subject to uncertainties and other
factors which could cause actual results to differ materially from the
forward-looking statement. These statements are based upon, among other
things, assumptions made by, and information currently available to,
management, including management's own knowledge and assessment of the
Company's industry, competition and capital requirements. Other factors
and uncertainties that could affect the Company's forward-looking
statements include, among other things, the following: our success in
predicting markets and success of the companies we invest in; efficient
management of our infrastructure; the pace of technological developments
and industry standards evolution and their effect on our market choices;
competition by alternative sophisticated as well as generic investors;
risks of international investments and operations including fluctuations
in exchange rates; and compliance with regulatory requirements
applicable to our operations. These and other risks are more fully
described in the Company's most recently filed quarterly financial
statements, which should be read in conjunction herewith for a further
discussion of important factors that could cause actual results to
differ materially from those in the forward-looking statements. The
Company undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.

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