Central Securities Corporation Declares Dividend
Central Securities Corporation


New York, May 14, 2008 -- The Board of Directors of Central Securities Corporation (AMEX: CET), a closed-end investment company, today declared the following dividend:
 

Class of Stock	Rate	Record Date	Payment Date
Common Stock	$0.20	6/6/08	6/20/08

It is ESTIMATED that of the $0.20 per share to be paid on June 20, 2008, approximately $0.149 will be taxable as ordinary income and approximately $0.051 will be taxable as long-term capital gain.



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