Harris & Harris Group Reports Financial Statements as of December 31, 2012 and Posts Annual Letter to Shareholders on Website

Harris & Harris Group Reports Financial Statements as of December 31, 2012 and
Posts Annual Letter to Shareholders on Website

NEW YORK, March 15, 2013 (GLOBE NEWSWIRE) -- Harris & Harris Group, Inc.
(Nasdaq:TINY), reported today that, as of December 31, 2012, its net asset
value and net asset value per share were $128,436,774 and $4.13, respectively.
The Company's Annual Report on Form 10-K may be accessed at
http://ir.hhvc.com/sec.cfm.

SUMMARY OF FINANCIAL POSITION
                                                         
                       December 31, 2012 December 31, 2011 September 30, 2012
                       (Audited)         (Audited)         (Unaudited)
                                                         
Total Assets            $131,990,250      $150,343,653      $153,696,713
Net Assets              $128,436,774      $145,698,407      $148,160,377
Net Asset Value per     $4.13             $4.70             $4.78
Share
Shares Outstanding      31,116,881        31,000,601        31,000,601
                                                         

Shareholders also may be interested to read our Annual Letter to Shareholders
posted on our website at http://www.hhvc.com/letters.cfm.

Harris & Harris Group is an early-stage, active investor in transformative
nanotechnology companies. Detailed information about Harris & Harris Group and
its holdings can be found on its website at www.HHVC.com.

This press release may contain statements of a forward-looking nature relating
to future events. These forward-looking statements are subject to the inherent
uncertainties in predicting future results and conditions. These statements
reflect the Company's current beliefs, and a number of important factors could
cause actual results to differ materially from those expressed in this press
release. Please see the Company's Annual Report on Form 10-K for the fiscal
year ended December 31, 2012, as well as subsequent filings, filed with the
Securities and Exchange Commission for a more detailed discussion of the risks
and uncertainties associated with the Company's business, including but not
limited to the risks and uncertainties associated with venture capital
investing and other significant factors that could affect the Company's actual
results. Except as otherwise required by Federal securities laws, the Company
undertakes no obligation to update or revise these forward-looking statements
to reflect new events or uncertainties. The reference to the website
www.HHVC.com has been provided as a convenience, and the information contained
on such website is not incorporated by reference into this press release.

CONTACT: DOUGLAS W. JAMISON
         TEL. NO. (212) 582-0900
 
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