Exhibit 99.(b)(5)(E)




FOR IMMEDIATE RELEASE

For Further Information
Contact:  Angela D. Toppi
Executive Vice President & CFO
203/853-4321
atoppi@trans-lux.com


            TRANS-LUX CLARIFIES RIGHTS OF HOLDERS IN EXCHANGE OFFER
                 OF 7 1/2% CONVERTIBLE SUBORDINATED NOTES DUE 2006
                        IN EFFECT UNTIL EXPIRATION DATE

NORWALK, CT, April 8, 2004 - Trans-Lux Corporation (AMEX:TLX) (the "Company), a
leading supplier of programmable electronic information displays and
owner/operator of cinemas, clarifies the rights of Holders pursuant to its press
release dated April 1, 2004 in connection with its offer to exchange (the
"Exchange Offer") $1,000 principal amount of its new 8 1/4% Limited
Convertible
Senior Subordinated Notes due 2012 ("New Notes") for each $1,000 principal
amount of its 7 1/2% Convertible Subordinated Notes due 2006 ("Old Notes").

The Company is pleased to announce that it has received in excess of the
$15,000,000 maximum principal amount of tenders that it initially announced it
will accept in the Exchange Offer.  The Company has decided that it will now
issue New Notes in exchange for all Old Notes tendered until the expiration of
the Exchange Offer, which has been extended until 5:00 P.M. New York City time
on April 14, 2004, and not withdrawn.  All Holders have the right to tender Old
Notes until the new expiration date, and Holders who have tendered their Old
Notes continue to have the right to withdraw until the new expiration date.

This announcement is not an offer to purchase nor a solicitation of an offer to
purchase with respect to any securities.  The offer is made solely by, and
subject to the terms and conditions set forth in, the Offering Circular, the
related Letter of Transmittal and the Supplement which is being mailed, which
Supplement will also be posted on the Company website www.trans-lux.com, which
should be read carefully by Noteholders before making any decision with respect
to the Exchange Offer because they contain important information.  The Offering
Circular, the related Letter of Transmittal and certain other documents were
sent to all Holders of Old Notes, at no expense to them and the Supplement will
likewise be sent.  The Tender Offer statement (including the Offering Circular,
the related Letter of Transmittal and all other Offer documents filed with the
Securities and Exchange Commission including amendments thereto) is also
available at no charge at the Securities and Exchange Commission's website at
http://www.sec.gov.  Holders of the Notes can also obtain copies of the Offering
Circular, the related Letter of Transmittal and all other Offer documents,
including amendments thereto from the Company from Ms. Angela D. Toppi,
Executive Vice President and Secretary by calling the Company at (203) 853-4321
or email at atoppi@trans-lux.com.

Trans-Lux is a worldwide, full-service provider of integrated multimedia systems
for today's communications environments.  The essential elements of these
systems are the real-time, programmable electronic information displays the
Company manufactures, distributes and services.  Designed to meet the evolving
communications needs of both the indoor and outdoor markets, these displays are
used primarily in applications for the financial, banking, gaming, corporate,
transportation, entertainment and sports industries.  In addition to its display
business, the Company owns and operates a chain of motion picture theatres in
the western Mountain States.

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