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SMG Indium Resources Ltd. Reports Net Market Value At December 31, 2012

NEW YORK, Jan. 9, 2013 (GLOBE NEWSWIRE) -- SMG Indium Resources LTD. ("The Company") (OTCBB:SMGI) (OTCBB:SMGIU) (OTCBB:SMGIW) reported its net market value ("NMV") 1 , at December 31, 2012 was approximately $28.8 million or $3.26 per share 2 . As of December 31, 2012, the Company's inventory of indium consisted as follows:

       
  Quantity (Kilograms)   Original Cost 3 ($US '000s)   Market Value 4 ($US '000s)
       
Indium held in inventory 47,017 $28,636 $22,803
(99.99% purity ingots)      
       
       
    Average Cost Market Value
       
Indium held in inventory   $609.05 / Kilogram $485.00 / Kilogram
       

In addition, the Company reported the following activity related to stock repurchases and indium purchases for the month of December 2012:

       
  Quantity Average Price Cost ($US '000s)
       
Monthly stock repurchases   23,584 common shares  $2.22/share $52
Monthly indium purchase 500 kilograms   $450/kilogram $225

As of December 31, 2012, there were 8,808,717 Common Shares outstanding and the share price closed at $2.40.

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