H. Paulin & Co., Limited - Financial results for period ending December 31, 2007



    TORONTO, March 28 /CNW/ - At the H. PAULIN & CO., LIMITED Board of
Directors' meeting held March 26, 2008, the following financial results for
the Fourth Quarter ended December 31st, 2007 were released. Shown are 2007
comparisons.

    
                     FOURTH QUARTER ENDED DECEMBER 31ST
                     ----------------------------------

                                               2007                 2006
                                               ----                 ----
    Sales                                 $  30,439,000        $  32,152,000
    Income (Loss) Before Taxes            $    (847,000)       $     688,000
    Net Income (Loss)                     $    (535,000)       $     552,000
    Earnings per share                    $       (0.17)       $        0.17

      The following results are for the Year Ended December 31st, 2007.  Shown
are 2006 comparisons.

                      TWELVE MONTHS ENDED DECEMBER 31ST
                      ---------------------------------

                                               2007                 2006
                                               ----                 ----
    Sales                                 $ 135,966,000        $ 149,578,000
    Net Income Before Taxes               $   2,825,000        $   7,562,000
    Net Income                            $   1,779,000        $   5,034,000
    Earnings per share                    $        0.56        $        1.57
    

    NOTE: The 2006 "Earnings per share" have been restated to reflect the
impact of the three-for-one stock subdivision approved May 30, 2007 for record
date June 18, 2007.
    (For further information, please see the Company's financial statements,
MD&A and AIF filed on SEDAR at www.sedar.com.)

    H. Paulin & Co., Limited is a leading Canadian manufacturer and
merchandiser of bolts, nuts, screws and fluid system components for the
automotive, industrial and retail hardware markets.

    H. PAULIN & CO., LIMITED

    "Carl Krause"

    -------------------------
    Carl W. Krause, Treasurer





For further information:

For further information: H. Paulin & Co. Limited, 55 Milne Avenue,
Toronto, Ontario, Canada, M1L 4N3, Telephone (416) 694-3351, Fax (416)
694-1869, Toll Free 1-800-268-4000, E-mail paulin@hpaulin.com

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H. Paulin & Co. Limited

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