PROXY CORNER: Bell Industries Inc.

November 13, 2010

Bell Industries Inc., 8888 Keystone Crossing, Suite 1700 (www.BellInd.com), is a holding company for Bell Techlogix and the Recreational Products Group. Bell Techlogix provides technology products, mobile applications and other services. The Recreational Products Group is a wholesale distributor of replacement parts to the recreational vehicle, marine, snow and ATV markets. In the first six months of 2010, Bell Industries lost $847,000, or $1.96 a share, on $49.9 million in revenue. That compared with a loss of $1.7 million, or $3.82 per share, on $45.9 million in revenue a year earlier. The company’s shares trade on the Pink Sheets under the ticker BLLI. Information for Proxy Corner was taken from the company’s preliminary proxy statement filed Nov. 4, 2010, and Yahoo Finance. At the company’s Dec. 10 annual meeting, shareholders are scheduled to vote on whether to execute a one-for-20 reverse stock split that would pave the way for Bell to cease operating as a public company.

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