FOR IMMEDIATE RELEASE

Manhattan Scientifics Resumes Trading on the OTC:BB

New York City - June 29, 2004 - Manhattan Scientifics, Inc. (MHTX:OTC:BB) said today that the company is now fully reporting and its stock has resumed trading on the OTC Bulletin Board.

CEO Marvin Maslow said, "We were delisted in May 2003 as a result of our weak cash position that made it difficult to meet our reporting requirements. Although we still find it difficult to raise funds, we have been able to bring our audit and other payables up to date and resume our previous status as a fully reporting company. We are continuing our efforts to commercialize our technology into meaningful results for our shareholders."

About Manhattan Scientifics
Manhattan Scientifics, Inc. (www.mhtx.com) is a technology development company working in the fields of alternative energy, and computer touch technology. The company's development laboratories are located in Los Alamos and Albuquerque, New Mexico. Its executive facility is located in New York City. Copies of Manhattan Scientifics' press releases, current quotes, stock charts and other information for investors may be found on the website www.hawkassociates.com
www.hawkmicrcocaps.com

The foregoing press release contains forward-looking statements (including expectation of future events), which are subject to risks, and uncertainty, which may be beyond the company's control. Actual results could differ materially for many reasons including but not limited to completion of R&D and successful commercialization of products/services, patent completion, prosecution and defense against well-capitalized competitors. These are serious risks and there is no assurance that our forward-looking statements will occur or prove to be accurate.

Executive Contacts:

Marvin Maslow, CEO, Manhattan Scientifics (917) 923-3300.
Email:maslow@ix.netcom.com

Jack Harrod
Chief Operating Officer
Manhattan Scientifics, Inc.
214.675.8033
Email:harrod@airmail.net

Media Contact: Richard Rubenstein, Rubenstein PR (212) 843-9222
Email: rruben@rpr1.com

Investor Relations Contact:
Frank Hawkins, (Hawk Associates) (305) 852-2383
Email: Info@hawkassociates.com

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Manhattan Scientifics, Inc. Chrysler Building 405 Lexington Avenue
New York, NY 10174, New York, NY 10022 Tel: (212) 752-0505 Fax: (212) 752-0077 - http://www.mhtx.com


Media Contact:
Richard Rubenstein,
Rubenstein PR
Tel: (212) 843-9222
Email:
RRubenstein@rubensteinpr.com
Website: http://www.rubensteinpr.com/index.htm

Institutional Investor Relations:
Frank Hawkins/Julie Marshall
Hawk Associates
Tel: (305) 852-2383
Email: Fhawk@hawkassociates.com
http://www.hawkassociates.com