Tandy Leather Factory, Inc. (AMEX: TLF) announced today that it expects to release financial results for the first quarter ended March 31, 2010 on Tuesday, May 11, 2010. A conference call will be conducted by Jon Thompson, CEO, Shannon Greene, CFO, and Mark Angus, Senior Vice President, at 11:30 a.m. Eastern Time on May 11, 2010, and will be accessible to the public by calling 1-877-407-8033 (U.S. and Canada). International callers dial 1-201-689-8033. Callers should dial in approximately 5 minutes before the call begins.

A conference call replay will be available through 11:59 p.m. Eastern Time on June 11, 2010 and can be accessed by calling (domestic) 1-877-660-6853 or (international) 1-201-612-7415. For both, reference account number 286 and conference ID number 350244.

This call is being webcast by Vcall and can be accessed at the company’s web site at www.tandyleatherfactory.com or at www.InvestorCalendar.com. The webcast will be archived and available for replay through August 11, 2010.

Tandy Leather Factory, Inc., ( http://www.tandyleatherfactory.com), headquartered in Fort Worth, Texas, is a specialty retailer and wholesale distributor of a broad product line including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products through its 29 Leather Factory stores, located in 19 states and 3 Canadian provinces, 76 Tandy Leather retail stores, located in 36 states and 6 Canadian provinces, one combination wholesale/retail store located in the United Kingdom, and Mid-Continent Leather Sales, one store located in Oklahoma. Its common stock trades on the NYSE Amex with the symbol "TLF". To be included on Tandy Leather Factory’s email distribution list, go to http://www.b2i.us/irpass.asp?BzID=1625&to=ea&s=0.

This news release may contain statements regarding future events, occurrences, circumstances, activities, performance, outcomes and results that are considered “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Actual results and events may differ from those projected as a result of certain risks and uncertainties. These risks and uncertainties include but are not limited to: changes in general economic conditions, negative trends in general consumer-spending levels, failure to realize the anticipated benefits of opening retail stores; availability of hides and leathers and resultant price fluctuations; change in customer preferences for our product, and other factors disclosed in our filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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