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
    

SOURCE H. Paulin & Co. Limited

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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