X0202 4 2007-06-04 1 0001028215 KMG CHEMICALS INC KMGB 0000948904 GENDELL JEFFREY L ET AL 55 RAILROAD AVENUE GREENWICH CT 06830 0 0 0 1 Former 10% Owner Common Stock, par value $.01 1030035 I See Footnotes Following the Issuer's issuance of additional shares of Common Stock, the Reporting Person beneficially owned 9.73% of the outstanding shares of Common Stock based on the total capitalization as of June 4, 2007, as reflected in the Issuer's Form 10-Q, filed on June 5, 2007. The Reporting Person is the managing member of Tontine Capital Management, L.L.C. ("TCM"), a Delaware limited liability company, the general partner of Tontine Capital Partners, L.P. ("TCP"), a Delaware limited partnership. The Reporting Person directly owns 0 shares of the Common Stock. TCM directly owns 0 shares of Common Stock. TCP directly owns 1,030,035 shares of Common Stock. All of the foregoing shares of Common Stock may be deemed to be beneficially owned by the Reporting Person. The Reporting Person disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by the Reporting Person or representing the Reporting Person's pro rata interest in, and interest in the profits of, TCM and TCP. /s/ Jeffrey L. Gendell 2007-07-02