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Press Release

Ames True Temper Becomes The AMES Companies, Inc.

American manufacturer continues strong tradition of quality lawn, garden, and professional products

CAMP HILL, Pa . (May 6, 2014) – Today, Ames True Temper, a wholly owned subsidiary of Griffon Corporation (NYSE:GFF), becomes The AMES Companies. The leading U.S. and a global provider of landscaping products, The AMES Companies continues the legacy and equity found in its most enduring brands and is applying this to an updated, easily recognizable corporate identity.

"While the company name has changed, our customers, suppliers and employees can rest assured that our manufacturing, sourcing and other core processes remain untouched," said Michael Sarrica, President of The AMES Companies. "The AMES Companies continue to offer a broad range of product categories that make work easier for homeowners and professionals, continuing a legacy the company has built upon for more than two centuries."

Founded in 1774, the AMES® brand is the third oldest in the country, and its tools literally helped build America, playing a prominent role in shaping the infrastructure and foundation of the country for more than 200 years. Among many iconic examples, AMES products built Revolutionary War ramparts, connected the nation via the Transcontinental Railroad, carved Mount Rushmore, and installed the Statue of Liberty.

The company’s rich history and legacy, in addition to the brand’s long-standing commitment to American manufacturing, helped reinforce the decision to change the corporate name. Today, tools manufactured by The AMES Companies help a broad range of consumers from homeowners and gardeners to professionals and farmers.

"‘AMES’ has long been used as an informal, abbreviated company name, so officially changing the name minimizes certain brand identity confusion and also reinforces the AMES brand legacy," added Sarrica.

The AMES Companies continue to provide top quality lawn and garden tool offerings, professional jobsite tools, and outdoor lifestyle product categories under the brand names AMES®, True Temper®, Razor-Back® Professional, Jackson® Professional, Southern Patio®, UnionTools®, Dynamic Design®, Garant®, Westmix™, Kelso™ and Northcote™. You can find these offerings from The AMES Companies at retailers worldwide.

About The AMES Companies, Inc.

The AMES Companies, a wholly owned subsidiary of Griffon Corporation (NYSE:GFF), is the leading, as well as the oldest, manufacturer of lawn and garden tools in the U.S. Headquartered in Camp Hill, Pa. (near Harrisburg). The company manufactures and markets a wide variety of long-handled tools, wheelbarrows, carts, hose reels, hoses, snow tools, cutting tools, hand tools, pruning tools, and striking tools as well as outdoor lifestyle product categories such as planters and outdoor accessories. To learn more, visit

corporate.ames.com.

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About Griffon Corporation

Griffon Corporation is a diversified management and holding company that conducts business through wholly owned subsidiaries. Griffon oversees the operations of its subsidiaries, allocates resources among them and manages their capital structures. Griffon provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as in connection with divestitures. In order to further diversify, Griffon also seeks out, evaluates and, when appropriate, will acquire additional businesses that offer potentially attractive returns on capital.

Griffon currently conducts its operations through three segments:

 Home & Building Products consists of two companies, The AMES Companies, Inc. ("AMES") and Clopay Building Products Company, Inc. ("CBP"):

- AMES is a global provider of non-powered landscaping products that make work easier for homeowners and professionals.

- CBP is a leading manufacturer and marketer of residential, commercial and industrial garage doors to professional installing dealers and major home center retail chains.

Telephonics Corporation designs, develops and manufactures high-technology, integrated information, communication and sensor system solutions for use in military and commercial markets worldwide.

Clopay Plastic Products Company, Inc. is an international leader in the development and production of embossed, laminated and printed specialty plastic films used in a variety of hygienic, health-care and industrial applications.

For more information on Griffon and its operating subsidiaries, please see the company’s website at

www.griffoncorp.com.

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