21st Century Holding Company Announces Earnings Release Date and Updates Guidance.

LAUDERDALE LAKES, Fla. -- 21st Century Holding Company (Nasdaq:TCHC) today announced that it will release its fourth quarter and fiscal year 2005 financial results at 3:00 PM on Monday, March 06, 2006 followed by an investor conference call at 4:30 PM (ET). The Company also announced that guidance which was set at $2.05 per share for calendar year 2005 is now set at $1.80 to $1.82 per share.

Edward J. (Ted) Lawson, President, CEO and Chairman of the Board, said, "The reduction in our guidance was mainly due to an accelerated settlement of pending litigation. By settling these cases now, we've effectively put them behind us. Even after the three hurricanes that hit Florida in 2005, earnings of $1.80 to $1.82 per undiluted share will constitute a record year for the Company. Additionally, the Company will be recording records in both revenue and booked net written premiums. Guidance for 2006 is hereby reiterated at $4.00 per share, with guidance for the first quarter set at $0.80 per share. Net written premiums and revenues in 2006 are again expected to surge between 30% - 40% above last year's levels. In conclusion, last year was a very good year and this year should be even better."

The Company's Chairman, CEO and President, Edward J. Lawson, and its CFO, J. Gordon Jennings, III, will discuss the financial results and review the outlook for the Company. Messrs. Lawson and Jennings invite interested parties to participate in the conference call. Listeners can access the conference call by dialing toll free 888-460-6235. Please call at least five minutes in advance to ensure that you are connected prior to the presentation.

About the Company

The Company, through its subsidiaries, underwrites standard and non-standard personal automobile insurance, flood insurance, general liability insurance, mobile home insurance and homeowners' property and casualty insurance in the State of Florida. The Company underwrites general liability coverage as an admitted carrier in the States of Louisiana, Texas and Alabama for more than 300 classes of business, including special events. The Company also operates as an approved (non-admitted) carrier in the States of Georgia, Kentucky, Virginia and South Carolina offering the same general liability products. In addition, the Company has underwriting authority and processes claims for third party insurance companies. In addition to insurance services, the Company offers premium finance services to its insureds as well as insureds of certain third party insurance companies.

Safe harbor statements under the Private Securities Litigation Reform Act of 1995: Statements in this press release that are not historical fact are forward-looking statements that are subject to certain risks and uncertainties that could cause actual events and results to differ materially from those discussed herein. Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," or "continue" or the other negative variations thereof or comparable terminology are intended to identify forward-looking statements. The risks and uncertainties include, without limitation, uncertainties related to estimates, assumptions and projections generally; inflation and other changes in economic conditions (including changes in interest rates and financial markets); pricing competition and other initiatives by competitors; ability to obtain regulatory approval for applications to underwrite in an additional jurisdiction or for requested rate changes, and the timing thereof; legislative and regulatory developments; the outcome of litigation pending against the Company and any settlement thereof; risks related to the nature of the Company's business; dependence on investment income and the composition of the Company's investment portfolio; the adequacy of the Company's liability for loss and loss adjustment expense; insurance agents; claims experience; limited experience in the insurance industry; ratings by industry services; catastrophe losses; reliance on key personnel; weather conditions (including the severity and frequency of storms, hurricanes, tornadoes and hail); changes in driving patterns and loss trends; acts of war and terrorist activities; court decisions and trends in litigation, and health care and auto repair costs; and other matters described from time to time by the Company in releases and publications, and in periodic reports and other documents filed with the United States Securities and Exchange Commission. In addition, investors should be aware that generally accepted accounting principles prescribe when a company may reserve for particular risks, including litigation exposures. Accordingly, results for a given reporting period could be significantly affected if and when a reserve is established for a major contingency. Reported results may therefore appear to be volatile in certain accounting periods.