Horsehead Holding Corp. Prices Initial Public Offering

Horsehead Holding Corp. Prices Initial Public Offering

August 10, 2007

    MONACA, Pa., Aug. 10 /Xinhua-PRNewswire/ -- Horsehead
Holding Corp. (Nasdaq: ZINC), the parent company of
Horsehead Corporation, today announced that it has priced
its initial public offering of 4,867,000 shares of its
common stock at a price of $18.00 per share, 4,171,235
shares of which are being offered by the Company.  The
offering is being made through an underwriting syndicate
led by Friedman, Billings, Ramsey & Co., Inc.  The
Company intends to use the proceeds from the offering to
fund capital improvements and for general corporate
purposes. 
 
    A registration statement relating to these securities
has been filed with and declared effective by the
Securities and Exchange Commission.  This press release
shall not constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of such
common stock in any state in which such offer, solicitation
or sale would be unlawful prior to registration or
qualification under the securities laws of any such state. 


    The offering of these securities may be made only by
means of a prospectus, copies of which may be obtained by
contacting:  Friedman, Billings, Ramsey & Co., Inc.,
1001 19th Street North, Arlington, Virginia, 22209.

    Horsehead Holding Corp. is the parent company of
Horsehead Corporation, a leading U.S. producer of specialty
zinc and zinc-based products. Horsehead, headquartered in
Monaca, Pa., employs over 1000 people and has six operating
locations throughout the U.S. Visit www.horsehead.net for
more information.



    For more information, please contact:

     Ali Alavi
     Vice President
     Horsehead Corporation
     Tel:  [phone]