SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WINMILL & CO. INCORPORATED Date: May 13, 2004 /s/ Thomas B. Winmill --------------------- Thomas B. Winmill President EXHIBIT INDEX ------------- Exhibit Number Exhibit Description -------------- ------------------- 99.1 Press Release announcing its financial results for the first quarter ended March 31, 2004. Exhibit 99.1 Winmill & Co. Incorporated Announces Financial Results for the First Quarter 2004 New York - Winmill & Co. Incorporated (Nasdaq: WNMLA) today announced its financial results for the first quarter ended March 31, 2004. <TABLE> <CAPTION> 2004 2003 ---- ---- Revenues: <S> <C> <C> Net unrealized appreciation (depreciation) of publicly held affiliates and unrealized and realized gains (losses) on proprietary trading $ 1,800,433 $ (223,406) Management, distribution and other fees 402,705 336,882 Dividends, interest and other 2,448 38,647 ------------- ------------- 2,205,586 152,123 ------------- ------------- Expenses: General and administrative 191,170 181,763 Marketing 118,068 99,633 Expense reimbursements to the Funds 39,223 38,538 Professional fees 21,000 17,000 Depreciation and amortization 18,642 17,059 ------------- ------------- 388,103 353,993 ------------- ------------- Income (loss) before income taxes 1,817,483 (201,870) Income taxes (credit) provision 728,400 (89,800) ------------- ------------- Net income (loss) $ 1,089,083 $ (112,070) ============= ============= Per share net income Basic $ 0.73 $(0.07) Diluted $ 0.72 $(0.07) Average shares outstanding: Basic 1,499,136 1,588,820 Diluted 1,517,577 1,588,820 </TABLE> Contact: William G. Vohrer Treasurer 1-212-785-0900 ext. 279 wvohrer@winmillco.com