H. Paulin & Co., Limited financial results for period ending September 30,
2009

TORONTO , Nov. 11 /CNW/ - At the H. PAULIN & CO., LIMITED Board of Directors meeting held November 10, 2009 , the following financial results for the Third Quarter ended September 30th, 2009 were released. Shown are 2008 comparisons.

    
                     THIRD QUARTER ENDED SEPTEMBER 30TH
                     ----------------------------------

                                                     2009           2008
                                                     ----           ----

    Sales                                         $32,699,000    $34,948,000

    Net Income Before Taxes                       $   751,000    $ 1,093,000

    Net Income                                    $   608,000    $   786,000

    Earnings per share                            $      0.18    $      0.24

    The following results are for the nine months ended September 30th, 2009.
Shown are 2008 comparisons.


                       NINE MONTHS ENDED SEPTEMBER 30TH
                       --------------------------------

                                                     2009           2008
                                                     ----           ----

    Sales                                         $94,599,000   $108,719,000

    Net Income Before Taxes                       $ 2,719,000   $  2,823,000

    Net Income                                    $ 2,099,000   $  1,876,000

    Earnings per share                            $      0.64   $       0.58
    

The Board of Directors' did not declare a dividend.

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

    "Murray Mateyk"
    ------------------------
    Murray Mateyk, Chief Financial Officer
    

For further information: H. Paulin & Co. Limited, 55 Milne Avenue, Toronto, Ontario, Canada, M1L 4N3, Telephone [phone], Fax [phone], Toll Free 1-800-268-4000, E-mail [email protected]