Investor Relations| P&F INDUSTRIES TO REPORT RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2010

Press Releases

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

P&F INDUSTRIES TO REPORT RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2010

MELVILLE, N.Y. May 3, 2010 - P&F Industries, Inc. (Nasdaq GM: PFIN), plans to release its results for the three month period ended March 31, 2010 before the market opens on Monday May 17, 2010. 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) 407-9210. A live webcast of the conference call will be broadcast on the company's website, www.pfina.com. For those who cannot listen to the live broadcast, a replay of the call will also be available on the company's website beginning on or about May 18, 2010.

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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