Investor Relations| P&F INDUSTRIES DELAYS REPORTING RESULTS FOR THE YEAR ENDED DECEMBER 31, 2009 AND THE RELATED CONFERENCE CALL

Press Releases

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

P&F INDUSTRIES DELAYS REPORTING RESULTS FOR THE YEAR ENDED DECEMBER 31, 2009 AND THE RELATED CONFERENCE CALL

MELVILLE, N.Y. March 25, 2010 - P&F Industries, Inc. (Nasdaq GM: PFIN) today announced that it is delaying its 2009 earnings release and related conference call previously scheduled for March 30, 2010. The Company plans to release its earnings report and reschedule the conference call as soon as practicable.

Other Information

P&F Industries, Inc., through its two wholly-owned 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.

This is a Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein, including those related to the Company's future performance, and those contained in the comments of management, are based upon the Company's historical performance and on current plans, estimates and expectations, which are subject to various risks and uncertainties, including, but not limited to, the strength of the retail, industrial, housing and other markets in which the Company operates, the impact of competition, product demand, supply chain pricing, and the Company's debt and debt service requirements, and those other risks and uncertainties described in the reports and statements filed by the Company with the Securities and Exchange Commission. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

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