PATRIOT TRANSPORTATION HOLDING, INC./NEWS

Contact:

Matt McNulty

Chief Financial Officer

904/858-9100

PATRIOT TRANSPORTATION HOLDING, INC. ANNOUNCES RESULTS FOR

THE FIRST QUARTER OF FISCAL YEAR 2020

The Company will host a conference call on January 29, 2020 at 3:00 PM (EST). Analysts, shareholders and other interested parties may access the teleconference live by calling 1-844-369-8770 domestic or international at 1-862-298-0840.Computer audio live streaming is available via the Internet through the Company's website atwww.patriottrans.comat the Investor Relations tab orhttps://www.investornetwork.com/event/presentation/57403. An audio replay will be available for sixty (60) days following the conference call by dialing toll free 1-877-481-4010domestic or international 1-919-882-2331then enter pass code 57403. An audio archive can be accessed through the Company's website atwww.patriottrans.comon the Investor Relations tab or at

https://www.investornetwork.com/event/presentation/57403.

Investors are cautioned that any statements in this press release which relate to the future are, by their nature, subject to risks and uncertainties that could cause actual results and events to differ materially from those indicated in such forward-looking statements. These include general economic conditions; competitive factors; political, economic, regulatory and climatic conditions; driver availability and cost; the impact of future regulations regarding the transportation industry; freight demand for petroleum product and levels of construction activity in the Company's markets; fuel costs; risk insurance markets; pricing; energy costs and technological changes. Additional information regarding these and other risk factors and uncertainties may be found in the Company's filings with the Securities and Exchange Commission.

Patriot Transportation Holding, Inc. is engaged in the transportation business. The Company's transportation business is conducted through Florida Rock & Tank Lines, Inc. which is a Southeastern transportation company engaged in the hauling of liquid and dry bulk commodities.

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Patriot Transportation Holding Inc. published this content on 29 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 January 2020 18:14:04 UTC