WOC Wilshire Enterprises,

NEWARK, N.J., March 23 /PRNewswire-FirstCall/ -- Wilshire Enterprises, Inc. ("Wilshire" or the "Company") (AMEX:WOC) announced that it intends to adjourn the Annual Meeting of Stockholders scheduled for March 24, 2009 to March 30, 2009, commencing at 1:00 PM at the Spencer Hotel, 700 King Street, Wilmington, Delaware 19801. ADDITIONAL INFORMATION Wilshire Enterprises, Inc. ("Wilshire") filed a definitive proxy statement with the Securities and Exchange Commission (the "SEC") on February 10, 2009. In addition, Wilshire has filed, and may file additional, other solicitation materials regarding this proxy solicitation. WILSHIRE'S STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT BECAUSE IT CONTAINS IMPORTANT INFORMATION. THE PROXY STATEMENT AND OTHER SOLICITATION MATERIALS ARE AVAILABLE AT NO CHARGE ON THE SEC'S WEB SITE AT http://www.sec.gov/. Investors and stockholders may also obtain a free copy of the proxy statement, and other materials and any other documents that may be filed by Wilshire with the SEC in connection with the Annual Meeting, by directing a request to Innisfree M&A Incorporated which is assisting Wilshire in this matter, by calling them toll-free at (888) 750-5834. Detailed information regarding the names, affiliations and interests of individuals who are participants in the solicitation of proxies of Wilshire's stockholders is available in Wilshire's proxy statement filed with the Securities and Exchange Commission on February 10, 2009. FORWARD-LOOKING STATEMENTS All non-historical statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may use such forward-looking terminology as "expect," "look," "believe," "plan," "anticipate," "may," "will" or similar statements or variations of such terms or otherwise express views concerning trends and the future. Such forward-looking statements involve certain risks and uncertainties, including risks cited in reports filed by Wilshire with the Securities and Exchange Commission. Actual results may differ materially from such forward-looking statements. Wilshire Enterprises, Inc. assumes no obligation for updating any such forward-looking statement at any time. Company Contact: Sherry Wilzig Izak, Chairman, 201-420-2796 Agency Contact: Neil Berkman, Berkman Associates, 310-826-5051 DATASOURCE: Wilshire Enterprises, Inc. CONTACT: Sherry Wilzig Izak, Chairman, +1-201-420-2796, or Neil Berkman of Berkman Associates, +1-310-826-5051

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