Patriot Transportation Holding Announces 3-for-1 Stock Split

Patriot Transportation Holding, Inc. PATR announced today that the Company, at its board meeting earlier today, approved a 3-for-1 common stock split. Shareholders of record on January 3, 2011 will receive two additional shares for each share held. The stock split will be effected in the form of a stock dividend which will be paid in newly issued common stock on January 17, 2011. As of December 1, 2010, the Company had 3,092,696 shares of common stock outstanding. After the stock split, the Company will have approximately 9,278,088 shares of common stock outstanding.