Investor Relations| P&F INDUSTRIES TO REPORT RESULTS FOR THE THREE MONTH PERIOD ENDED MARCH 31, 2008

Press Releases

P&F Industries, Inc.
Joseph Molino, Chief Operating Officer
631-694-9800
www.pfina.com

P&F INDUSTRIES TO REPORT RESULTS FOR THE THREE MONTH PERIOD ENDED MARCH 31, 2008

MELVILLE, N.Y. May 1, 2008 ? P&F Industries, Inc. (Nasdaq GM: PFIN), plans to release its results for the three-month period ended March 31, 2008, before the market opens on Monday, May 12, 2008. 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) 407-8033. A replay of the call will also be available through May 19, 2008, beginning at 2:00 p.m. on May 12, 2008, and can be accessed by dialing 1-877-660-6853, Account # 286, conference ID # 283129.

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.

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