Daxor announces financial results.

NEW YORK--(BUSINESS WIRE)--November 15, 1995--

         Financial Highlights Third Quarter Report For the
                 Quarter Ended September 30, 1995

                      Third Quarter 1995  Vs.  Third Quarter 1994

Total revenues           $  991,284                $ 1,035,717

Net income before
 income taxes            $  251,901                $   489,739

Provision for
 income taxes            $   29,549                $    52,267

Net income               $  222,352                $   437,472

Net income per
 share                   $     0.05                $      0.08

Weighted average
 number of shares
  outstanding             4,782,142                  5,123,863

                       Nine Months Ended       Nine Months Ended
                       Sept. 30, 1995     vs.    Sept. 30, 1994

Total revenues           $ 3,325,114               $ 3,380,590

Net income before
 income taxes            $ 1,198,081               $ 1,633,611

Provision for
 income taxes            $   107,624               $   137,201

Net income               $ 1,090,457               $ 1,496,410

Net income per
 share                   $      0.22               $      0.29

Weighted average
 number of shares
  outstanding              4,913,716                 5,139,730

Results of Operations

Nine months ended Sept. 30, 1995 as compared with nine months ended Sept. 30, 1994

For the nine months ended Sept. 30, 1994, total revenues were $3,325,114 down slightly from $3,380,590, in 1994. Operating revenues were $1,188,521 in 1995, down from $1,593,952 in 1994. Dividend income was $1,663,637 with an interest expense of ($62,618) as compared to dividend income of $1,593,952 with an interest expense of ($57,154) in 1994. In 1995, the company had a net income of $1,090,457 before incme taxes versus a net income of $1,496,410 before taxes in 1994.

Three months ended Sept. 30, 1995 as compared with three months ended Sept. 30, 1994

For the three months ended Sept. 30, 1995 total revenues declined to $991,284 from $1,035,717 in the 1994 quarter. In 1995, dividend income was $528,262 with an interest expense of ($61,742) compared to dividend income of $530,493 with an interest expense of ($45,214) in 1994. The company had a net income of $251,901 before income taxes in 1995 versus a net income of $489,739 before taxes in the 1994 quarter. Operations were negatively impacted by the partial closure of the company's New York State facilities.

CONTACT: Daxor Corporation

Dr. Joseph Feldschuh, 212/244-0555