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RF Industries Will Accelerate a Portion of Anticipated 2013 Dividend Payments into Calendar 2012

  RF Industries Will Accelerate a Portion of Anticipated 2013 Dividend
  Payments into Calendar 2012

    Company Will Pay a Dividend of $0.10 per Common Share to Shareholders

Business Wire

SAN DIEGO -- December 10, 2012

RF Industries (NASDAQ:RFIL) announced today that its Board of Directors has
declared a regular quarterly cash dividend of $0.05 per common share and has
decided to accelerate a portion of its anticipated calendar 2013 common stock
dividend payments into calendar 2012. Accordingly, RFI will pay a $0.10 per
common share dividend on December 28, 2012 to shareholders of record on
December 17, 2012. RFI has approximately 6.9 million shares outstanding.

"In light of tax uncertainties related to the upcoming calendar year, the
Board of Directors believes that RFI's shareholders will benefit from moving
forward the payment of a portion of those dividends, which might otherwise be
paid in 2013, into the current calendar year. We are confident that the
strength of our business supports this payment and the Company remains fully
committed to enhancing shareholder returns. The Board will continue to review
and determine RFI's future dividend payout rate in light of the Company's
business prospects, cash flow and opportunities for increasing shareholder
value," said Howard Hill, RF Industries' Chief Executive Officer.

About RF Industries

RFI manufactures, designs and distributes Radio Frequency (RF) connectors and
cable assemblies, medical cabling products, RF wireless products, and fiber
optic cable products. Coaxial connectors, cable assemblies and custom
microwave RF connectors are used for Wi-Fi, PCS, radio, test instruments,
computer networks, antenna devices, aerospace, OEM and Government agencies.
Medical Cabling and Interconnector products are specialized custom electrical
cabling products for the medical equipment monitoring market. RF Wireless
products include digital data transceivers for industrial monitoring, wide
area networks, GPS tracking and mobile wireless network solutions. Fiber optic
cable, connector and harness products serve computer, aerospace, computer
networking and specialty applications.

Forward-Looking Statements

This press release may contain forward-looking statements. These
forward-looking statements are subject to a number of factors that could cause
actual results to differ materially. The Company's declaration of a dividend
or a special one-time dividend does not commit the board of directors to
declare future dividends or special dividends. Each future dividend will be
considered and declared by the board of directors in its discretion. The
ability of the board of directors to continue to declare dividends will depend
on a number of factors, including the Company's future financial condition and
profitability.

Contact:

Investor Contact:
Jacobs Consulting
Robert Jacobs
(310) 477-3118
robert.jacobs@jacobscon.com
or
RF Industries, Ltd.
Company Contact:
Howard Hill, CEO
(858) 549-6340
rfi@rfindustries.com
 
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