Exhibit 1 --------- Joint Filing Agreement The undersigned hereby agree that the statement on Schedule 13D with respect to the shares of Common Stock of P & F Industries, Inc., is, and any amendment thereto signed by each of the undersigned shall be,...

                                    Exhibit 1
                                    ---------

                             Joint Filing Agreement


The undersigned hereby agree that the statement on Schedule 13D with respect to
the shares of Common Stock of P & F Industries, Inc., is, and any amendment
thereto signed by each of the undersigned shall be, filed on behalf of each
undersigned pursuant to and in accordance with the provisions of 13d-1(k) under
the Securities Exchange Act of 1934, as amended.


Dated: April 26, 2000



                                        By: /s/ Xxxxxxx X. Xxxxxxxx
                                            ------------------------------
                                        Name:  Xxxxxxx X. Xxxxxxxx



                                        By: /s/ Xxxxx Xxxxxxxx
                                            ------------------------------
                                        Name:  Xxxxx Xxxxxxxx