Berger Holdings, Ltd. Reports Results.

Business Editors

PHILADELPHIA--(BUSINESS WIRE)--March 28, 2003

Berger Holdings, Ltd. (NASDAQ:BGRH) reported a decrease in revenue and net income for the quarter and year ended December 31, 2002.

Management believes that the summer drought and the early onset of the most severe winter in six years, combined with increased competition, adversely affected 2002 revenues. In addition, the Company reported that operating margins were also affected by the weak economy and rising material costs.

Mr. Joseph F. Weiderman, President and CEO stated, "Despite the factors mentioned above, year end net income was the second best in the Company's history. Management is cautiously optimistic that the severity of this past winter will create sales opportunities for improving performance during the remainder of 2003." He further stated, "We are continuing to utilize our strong cash flow to reduce debt and strengthen our balance sheet. Since November 2000, when we made our last acquisition, we have reduced our funded debt from $21 million to $13.5 million by December 31, 2002."

The Company also announced that Francis E. Wellock, Jr., Executive Vice President and Chief Financial Officer, has assumed the Investor Relations role.

                    Quarter Ended Dec. 31:     Year Ended Dec. 31:
                   ---------------------------------------------------
                      2002         2001         2002         2001
                   ------------ ------------ ------------ ------------

Revenue            $10,625,586  $12,829,001  $44,561,618  $51,128,096

Operating income      $300,233   $1,260,557   $2,725,611   $4,704,641
Net income before
 taxes                 $94,305     $932,681   $1,648,019    3,128,512
Income taxes           $57,608     $410,379     $710,168   $1,376,545
Net income             $36,696     $522,302     $937,851   $1,751,967
Basic shares         5,024,888    5,122,134    5,038,450    5,271,971
Basic earnings per
 share                    $.01         $.10         $.19         $.33
Diluted shares       6,830,371    6,579,998    6,862,297    6,369,482
Diluted earnings
 per share                $.01         $.08         $.14         $.28

Berger Holdings, Ltd. is the parent company of Berger Bros Co., which was founded in 1874, and is a manufacturer of the most complete line of roof drainage products specializing in copper as well as residential and commercial snow guards. All of the Company's products are used in new construction, remodeling, and renovation markets.

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements.

Forward-looking statements involve risk and uncertainties including but not limited to, continued acceptance of the company's products in the marketplace, competitive factors, new products and technological changes, the Company's dependence upon third-party suppliers and other risks detailed in the company's periodic reports filing with the Securities and Exchange Commission.