Charys Holding's Cotton Companies Announces New Contracts

ATLANTA -- March 5, 2007 -- Charys Holding Company, Inc. ("Charys") (OTCBB:CHYS) announced today that its recently acquired subsidiaries Cotton Companies (collectively, "Cotton"), a disaster recovery group of companies specializing in fire and water restoration services, has secured and deployed resources on new restoration projects, for clean up of industrial and health care facilities damaged by recent storm activity in and around Dumas, Arkansas.

On Monday, February 26, 2007, Cotton dispatched crews from Dallas and Atlanta that arrived in Dumas and began work the following day. The initial stages of the first two projects are expected to aggregate approximately $500,000 in revenue.

Pete Bell, President of Cotton, commented: "These new contracts solidify our reputation as an industry leader, providing fast response to the needs of our customers in storm-prone regions of the country. We were able to mobilize our crews quickly and begin focusing on the task at hand."

Bell added: "Based on our ability to respond and provide quality services, we are hoping to secure reconstruction projects in addition to this remediation work. However, we remain aware that quick response to natural disasters can also help the victims and communities that are affected by such events."