DXP Enterprises, Inc. Announces Notice From Nasdaq

Apr 24, 2001, 01:00 ET from DXP Enterprises, Inc.

    HOUSTON, April 24 /PRNewswire Interactive News Release/ --
 DXP Enterprises, Inc. (Nasdaq:   DXPE) announced today that it has been notified
 by Nasdaq Staff, in a letter dated April 17, 2001, that the Company has failed
 to comply with the minimum bid price and market value of public float
 requirements for continued listing as set forth in Marketplace Rule 4310, and
 that its common stock, therefore, is subject to delisting from the Nasdaq
 SmallCap Market.  The Company has requested a hearing before a Nasdaq Listing
 Qualifications Panel to review Nasdaq Staff's determination.  DXP's common
 stock will continue to be listed on the Nasdaq SmallCap Market pending the
 results of the hearing.  There can be no assurance that the Nasdaq Panel will
 grant the Company's request for continued listing.
     If DXP's common stock is delisted from the Nasdaq SmallCap Market, the
 Company expects its common stock will be available for quotation on the OTC
 Bulletin Board electronic quotation system, and shareholders will be able to
 access current trading information, including the last trade, bid and ask
 quotations, and share volume.
     DXP Enterprises, Inc. is a provider of maintenance, repair and operating
 products, equipment and integrated services including engineering expertise
 and logistics capabilities to industrial customers.  DXP provides customers,
 primarily in the general manufacturing, oil and gas, petrochemical, service
 and repair and wood products industries, with fluid handling equipment,
 bearings, power transmission equipment, general mill supplies, safety supplies
 and electrical products.
 
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SOURCE DXP Enterprises, Inc.
    HOUSTON, April 24 /PRNewswire Interactive News Release/ --
 DXP Enterprises, Inc. (Nasdaq:   DXPE) announced today that it has been notified
 by Nasdaq Staff, in a letter dated April 17, 2001, that the Company has failed
 to comply with the minimum bid price and market value of public float
 requirements for continued listing as set forth in Marketplace Rule 4310, and
 that its common stock, therefore, is subject to delisting from the Nasdaq
 SmallCap Market.  The Company has requested a hearing before a Nasdaq Listing
 Qualifications Panel to review Nasdaq Staff's determination.  DXP's common
 stock will continue to be listed on the Nasdaq SmallCap Market pending the
 results of the hearing.  There can be no assurance that the Nasdaq Panel will
 grant the Company's request for continued listing.
     If DXP's common stock is delisted from the Nasdaq SmallCap Market, the
 Company expects its common stock will be available for quotation on the OTC
 Bulletin Board electronic quotation system, and shareholders will be able to
 access current trading information, including the last trade, bid and ask
 quotations, and share volume.
     DXP Enterprises, Inc. is a provider of maintenance, repair and operating
 products, equipment and integrated services including engineering expertise
 and logistics capabilities to industrial customers.  DXP provides customers,
 primarily in the general manufacturing, oil and gas, petrochemical, service
 and repair and wood products industries, with fluid handling equipment,
 bearings, power transmission equipment, general mill supplies, safety supplies
 and electrical products.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X73446423
 
 SOURCE  DXP Enterprises, Inc.