Investor Relations| P&F INDUSTRIES TO REPORT SECOND QUARTER RESULTS ON AUGUST 11

Press Releases

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

P&F INDUSTRIES TO REPORT SECOND QUARTER RESULTS ON AUGUST 11

FARMINGDALE, N.Y. August 4, 2005 -- P&F Industries, Inc. (Nasdaq NM: PFIN), expects to release its second quarter 2005 results before the market opens on Thursday, August 11, 2005. 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 August 18, beginning at 2:00 p.m. on August 11, and can be accessed by dialing 1-800-642-1687 or 1-706-645-9291, conference ID # 7807764.

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 three wholly-owned operating subsidiaries, Florida Pneumatic Manufacturing Corporation, Countrywide Hardware, Inc. and Embassy Industries, Inc., manufactures and/or imports air-powered tools, various residential hardware such as staircase components, kitchen and bath hardware, fencing hardware and door and window hardware, and baseboard and radiant heating products. 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.

Download Acrobat 6 Reader