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Harris & Harris Group Reports Financial Statements as of March 31, 2013

Harris & Harris Group Reports Financial Statements as of March 31, 2013

NEW YORK, May 10, 2013 (GLOBE NEWSWIRE) -- Harris & Harris Group, Inc.
(Nasdaq:TINY), reported today that, as of March 31, 2013, its net asset value
and net asset value per share were $127,749,103 and $4.11, respectively.

SUMMARY OF FINANCIAL POSITION
                                                        
                         March 31, 2013 December 31, 2012 March 31, 2012
                         (Unaudited)    (Audited)         (Unaudited)
                                                        
Total Assets              $130,046,003   $131,990,250      $156,782,743
Net Assets                $127,749,103   $128,436,774      $151,726,414
Net Asset Value per Share $4.11          $4.13             $4.89
Shares Outstanding        31,116,881     31,116,881        31,000,601

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