Attention Theragenics Corp. Shareholders.

ATLANTA--(BUSINESS WIRE)--Jan. 21, 1999--Chitwood & Harley filed a securities class action on January 21, 1999 in the United States District Court for the Northern District of Georgia on behalf of a class of persons who purchased Theragenics Corp. ("Theragenics" or "the Company")(NYSE: TGX) securities between January 29, 1998 and January 11, 1999, inclusive (the "Class Period").

The complaint alleges that Theragenics and two of its officers/directors violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder. Specifically, the complaint alleges that during the Class Period, defendants materially misled the investing public, thereby inflating the price of Theragenics securities, by publicly issuing false and misleading statements and omitting to disclose material facts necessary to make defendants' statements not false and misleading. The false statements centered around Theragenics' business relationship with Indigo Medical, and the sales of the Company's Theraseed(R). After at least three quarters of positive statements about the Company's business and financial results, Theragenics shocked the market by announcing it had "experienced softness" in fourth quarter sales. The price of Theragenics stock plummeted almost 34% on January 11, 1999 in response to the Company's shocking news. Prior to the disclosure of this stunning news, certain defendants sold thousands of shares of Theragenics stock realizing more than $2.7 million in proceeds.

Plaintiff is represented by Chitwood & Harley, an Atlanta law firm that concentrates its practice in representing victims of securities fraud and corporate mismanagement as well as other complex litigation. The firm has been appointed lead counsel in several major actions pending in both federal and state courts and has been instrumental in recovering millions of dollars on behalf of investors and shareholders.

Plaintiff is also represented by Wolf Haldenstein Adler Freeman & Herz LLP, a full service commercial law firm consisting of more than 35 attorneys based in New York City and San Diego. The firm's qualifications have repeatedly received very favorable judicial recognition. Accordingly, the firm has achieved recoveries of over one billion dollars for defrauded investors and shareholders.

Any member of the proposed class who wishes to move the Court to serve as lead plaintiff of the Class must do so no later than March 16, 1999. In order to serve as lead plaintiff, you must meet certain legal requirements. If you wish to discuss this action or have any questions concerning this notice or your rights with respect to this matter, you may contact: Corey D. Holzer, [phone] (toll free) or by e-mail at [e-mail], CHITWOOD & HARLEY, 2900 Promenade II, 1230 Peachtree Street, N.E., Atlanta, Georgia 30309. Please visit our website at www.classlaw.com. You may also contact Wolf Haldenstein at [phone] (Fred T. Isquith, Esq. or Shane T. Rowley, Esq.) or via e-mail at [e-mail].