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                           RONSON CORPORATION DECLARES
                        5% STOCK DIVIDEND ON COMMON STOCK

Somerset, N.J., February 24, 2006 - Ronson Corporation (NASDAQ SmallCap RONC).
Ronson Corporation (the "Company") today reported:

DECLARATION of 5% COMMON STOCK DIVIDEND - The Company's Board of Directors on
February 23, 2006, declared a 5% Stock dividend on the Company's outstanding
Common Stock.  The 5% stock dividend is payable on April 17, 2006, to
stockholders of record March 31, 2006.  The 5% stock dividend will increase the
outstanding common shares of the Company by about 215,000 to about 4,536,000
shares.

Ronson Corporation's operations include its wholly owned sub-sidiaries: 1)
Ronson Consumer Products Corporation in Woodbridge, N.J., and Ronson Corporation
of Canada Ltd., manufacturers and marketers of Ronson consumer products; and 2)
Ronson Aviation, Inc., a fixed base operator at Trenton-Mercer Airport, Trenton,
N.J., providing fueling, sales/services of aircraft, avionics and hangar/office
leasing.