EEC Capital Protected Notes Based ON The Morgan Stanley Capital International Eafe Index

Environmental Elements Receives Delisting Notice From the American Stock Exchange BALTIMORE, Dec. 1 /PRNewswire-FirstCall/ -- Environmental Elements Corporation has received a determination from the American Stock Exchange (the "Exchange") that because EEC no longer complies with the Exchange's continued listing standards, the Exchange will initiate delisting proceedings. As previously announced, the Company filed an appeal of the initial determination, however the Exchange reviewed the information submitted with the appeal and denied the Company's request. The Company is evaluating its alternatives which include listing its securities through the Over the Counter Bulletin Board(R) quotation service. (Logo: http://www.newscom.com/cgi-bin/prnh/20011211/EECLOGO ) Environmental Elements Corporation is a solutions-oriented, global provider of innovative technology for plant services, air pollution control equipment and complementary products. The Company serves a broad range of customers in the power generation, pulp and paper, waste-to-energy, rock products, metals and petrochemical industries. Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. http://www.newscom.com/cgi-bin/prnh/20011211/EECLOGO DATASOURCE: Environmental Elements Corporation CONTACT: Lawrence Rychlak, President & CFO, Environmental Elements Corporation, +1-410-368-7007 Web site: http://www.eec1.com/ Company News On-Call: http://www.prnewswire.com/comp/284933.html

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