THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Wilshire Enterprises, Inc. (WOC)

5/1/2006 Proxy Information

Mr. Willschick is Ms. Izak's first cousin. Mr. Donnenberg is Ms. Izak's uncle by marriage.

5/12/2005 Proxy Information

Mr. Willschick is Ms. Izak's first cousin. Mr. Donnenberg is Ms. Izak's uncle by marriage.

In December 2004, a limited liability company purchased land from the Company for a purchase price of $3,950,000. The contract of sale was entered into in 2000. The mother of the Company's Chairman of the Board became a member of this limited liability company in 2004.