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Press Release

BARNWELL INDUSTRIES INC (AMEX: BRN)
1100 Alakea Street
Honolulu, HI 96813
www.brninc.com

Aug 12, 2008 – Barnwell (AMEX: BRN) Declares Dividend

For Immediate Release

Boston, MA., Aug 12, 2008 – Barnwell Industries announced that its Board of Directors has declared a cash dividend of $0.075 per share, payable September 22, 2008, to stockholders of record on September 8, 2008.

BARNWELL INDUSTRIES INC (AMEX: BRN) has paid dividends since 1989 and has a current dividend yield of 5.8%.

BARNWELL INDUSTRIES INC’s current dividend information as per the date of this press release is:
Dividend Declaration Date: Aug-11-2008
Dividend Ex Date: Sep-04-2008
Dividend Record Date: Sep-08-2008
Dividend Payment Date: Sep-22-2008
Dividend Amount: 0.075  

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