X0303 4 2010-07-09 0 0000089270 SL INDUSTRIES INC SLI 0001208889 SCHWARZ MARK E 200 CRESCENT COURT STE 1400 DALLAS TX 75201 1 0 0 0 Common Stock 2010-07-09 4 J 0 7566 0 D 209490 I see footnotes Common Stock 2010-07-09 4 J 0 1560 0 A 1560 D Common Stock 2010-07-09 4 J 0 1560 0 D 209490 I see footnotes Transaction constitutes a distribution of shares by NP in satisfaction of redemption requests as of June 30, 2010. Amount indicated (7,566) reflects shares distributed to limited partners other than Mark Schwarz as described in footnote 3. The Reporting Person is a director of the Issuer. Newcastle Capital Management, LP is the general partner of Newcastle Partners, LP. and Newcastle Focus Fund II, L.P. Newcastle Capital Group, LLC is the general partner of Newcastle Capital Management, LP. The Reporting Person is the managing member of Newcastle Capital Group, LLC. Accordingly, the Reporting Person may be deemed to beneficially own the shares of the Issuer's Common Stock directly owned by Newcastle Partners, L.P. and Newcastle Focus Fund II, L.P. The Reporting Person disclaims beneficial ownership of the shares of the Issuer's Common stock owned by Newcastle Partners, L.P. and Newcastle Focus Fund II, L.P. except to the extent of his pecuniary interest therein. Transaction constitutes a distribution by Newcastle Partners, L.P. to Mark Schwarz in satisfaction of a partial redemption as of June 30, 2010. Transaction constitutes a contribution of shares by Mark Schwarz to Newcastle Focus Fund II, L.P.. Includes, as of 07/13/2010 after giving effect to the transactions reported herein, (1) 181,807 shares of the Issuer's Common Stock owned by Newcastle Partners, L.P., (2) 1,560 shares of the Issuer's Common Stock owned by Newcastle Focus Fund II, L.P. and (3) 26,123 vested options exercisable into shares of the Issuer's Common Stock owned by the Reporting Person. /s/ Mark E. Schwarz 2010-07-13