News Release

Smith & Wesson Commences Trading on American Stock Exchange

November 29, 2002

SCOTTSDALE, Ariz., Nov. 29 /PRNewswire-FirstCall/ -- Smith & Wesson Holding Corporation (Amex: SWB) parent company of the legendary 150-year-old handgun maker, Smith & Wesson Corp., today announced the commencement of trading on the American Stock Exchange effective Friday, November 29, 2002. The Company, which previously traded on the OTCBB under the symbol SMWS, will now trade under the new ticker symbol SWB.

About Smith & Wesson Holding Corporation

Smith & Wesson Holding Corporation is the parent company of Smith & Wesson Corp., one of the world's leading producers of quality handguns, law enforcement products and firearm safety and security products. Law enforcement personnel, military personnel, target shooters, hunters, collectors and firearms enthusiasts throughout the world have used the company's products with confidence for 150 years. Smith & Wesson Corp. also manufactures and markets Smith & Wesson branded handcuffs and other products utilizing its metal working expertise and providing products and services to many external customers through its Specialty Services division.

For more information, visit the company's Web site at: http://www.smithandwesson.com .

For further information please contact media relations, Teri James of E.B. Lane Marketing Communications, +1-602-258-5263, for Smith & Wesson Holding Corporation; or investor relations, Shannon T. Squyres, President of Market Pathways, +1-949-955-1860, for Smith & Wesson Holding Corporation.

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SOURCE Smith & Wesson Holding Corporation