Jacksonville, Florida; May 7, 2014 – Patriot Transportation Holding, Inc. (NASDAQ-PATR) reported
net income of $1,703,000 or $.18 per diluted share in the second quarter of fiscal 2014, a decrease of
$568,000 or 25.0% compared to net income of $2,271,000 or $.24 per diluted share in the same period
last year. Net income for the first six months of fiscal 2014 was $4,044,000 or $.42 per diluted share, a
decrease of $1,350,000 or 25.0% compared to net income of $5,394,000 or $.56 per diluted share for
the same period last year. The first quarter of fiscal 2013 included a gain of $681,000 after income
taxes on the sale of investment land.
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