CHARYS ANNOUNCES THIRD QUARTER RESULTS

ATLANTA -- March 29, 2005 -- Charys Holding Company, Inc. ("Charys") (OTC BB: CHYS.OB), a holding company targeting the Integrated Infrastructure Services market, announced operating results for its third quarter and the nine-month fiscal period ended January 31, 2005. For the nine months, net revenues were $3.925 million with a net loss of $690,000, or $0.146 per share. For the third quarter ended January 31, 2005, net revenues totaled $975,000 with a net loss of $822,000 or $0.16 per share.

Operating results were negatively impacted by two factors during the quarter. First, Charys incurred a one-time, non-cash, non-reoccurring expense when it issued 250,000 common shares to a non-employee as compensation for services rendered under a consulting agreement. The fair market value of the shares issued was $438,000. Second, Charys’ largest subsidiary, which is involved in employee leasing, experienced some revenue decline during the quarter due mainly to seasonal factors affecting certain existing customers.

	Three months ended January 31,		Nine months ended January 31,
	2005	2004	2005	2004
Gross sales:	$5,908	$7,760	$21,245	$22,425
Net sales (as reported):	$975	$1,272	$3,925	$3,547
Net loss:	$822	$464	$690	$440
Net loss per share - basic & diluted:	$0.16	$0.10	$0.14	$0.10
Weighted average common shares outstanding:	4,997	4,528	4,890	4,417

Selected results of operations for the three months and the nine months ended January 31, 2005 and 2004 are as follows:

"We continue to execute as we have planned," said Billy Ray, Chairman and CEO of Charys. "Charys has added three companies in less than a year, which is in line with our model. The full impact of integrating these companies has yet to be realized we have added is anticipated to be generating operating profits, which, when complete, will give credence to the long-term viability of the integrated infrastructure model."

On March 4, 2005, Charys completed the acquisition of CCI Telecom, Inc. ("CCI"), which operates in the telecommunications infrastructure services business. Headquartered in San Antonio, Texas, the company has 135 employees and satellite offices in Dallas, Houston, and Lee, Massachusetts. CCI specializes in the development and construction of cellular towers, telephone switching facilities and advanced radar installations.

"CCI is our first platform company. We expect to see growth from additional acquisitions under the CCI name," Mr.added Ray added. CCI’s results will be reported for two months in the 2005 fiscal year2005. The first quarter of fiscal 2006, which ends July 31, 2005, will be the first quarter fully reporting CCI results.

About Charys Holding Company, Inc.
Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. (OTC BB:CHYS.OB) is a publicly traded company focusing on the fragmented and underserved segment referred to as The Integrated Infrastructure Services Segment. This segment varies widely in scope, but is fundamentally focused on upgrading the underpinning, infrastructure, and back office operations of the telecommunication, cable, electric, and Internet industries serving consumers, businesses and government entities. Charys's principle strategy is to acquire, through mergers and acquisitions, companies that support this underserved segment. For more information about Charys visit http://www.charys.com.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Forward-looking statements in this release, including statements regarding management's expectations for future financial results and access to capital markets, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements regarding Charys Holding Company, Inc., its operations and its financial results involve risks and uncertainties, including without limitation risks of accessing capital markets on terms acceptable to Charys, downturns in economic conditions generally and in the telecommunications and data communications markets; risks in product development and market acceptance of and demand for Charys products; risks of failing to attract and retain key managerial and technical personnel; risks associated with competition and competitive pricing pressures; risks associated with investing in new businesses; risks related to intellectual property rights and litigation; risks in technology development and commercialization.

Media contact:
Stuart Smith
Red Nine PR
404 261-0707
ssmith@redninePR.com