Investor Relations| P&F INDUSTRIES TO REPORT THIRD QUARTER RESULTS

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Lippert/Heilshorn & Assoc., Inc.
Jody Burfening
Investors Relations
212-838-3777
jburfening@lhai.com

P&F INDUSTRIES TO REPORT THIRD QUARTER RESULTS

MELVILLE, N.Y. November 1, 2007? P&F Industries, Inc. (Nasdaq GM: PFIN), plans to release its third quarter 2007 results before the market opens on Tuesday, November 13, 2007. The company has scheduled a conference call for 11:00 a.m. Eastern time the same day.

The dial-in number for the conference call is (877) 278-2335. A replay of the call will also be available through November 20, 2007, beginning at 2:00 p.m. on November 13th, and can be accessed by dialing 1-800-642-1687 or 1-706-645-9291, conference ID # 23106691.

A live webcast of the conference call will be broadcast on the company Web site, www.pfina.com. For those who cannot listen to the live broadcast, an audio replay of the call will also be available on the site.

P&F Industries, Inc., through its two wholly-owned operating subsidiaries, Continental Tool Group, Inc. and Countrywide Hardware, Inc., manufactures and/or imports air-powered tools sold principally to the industrial, retail and automotive markets, and various residential hardware such as staircase components, kitchen and bath hardware, fencing hardware and door and window hardware. P&F's products are sold under their own trademarks, as well as under the private labels of major manufacturers and retailers.

P&F Industires, Inc. make available forms & documents which are available for download. These forms & documents are in Adobe® PDF (portable document file) format. In order to view these forms & documents, you must have Adobe® Acrobat® 7 Reader. If you don't have the reader, you can download it for free from Adobe® by clicking here or on the "Get Acrobat® Reader" icon below.

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