Met-Pro Corporation

Annual Report for the Fiscal Year Ended 1/31/2009

Financial Highlights

Letter to Shareholders | Directors & Officers

(1)

Includes $3,513,940 from the sale of a building owned by the Company in Hauppauge, New York.

(2)

Includes $2,213,782 (net of tax) from the sale of a building owned by the Company in Hauppauge, New York.

(3)

Includes $0.14 per share from the sale of a building owned by the Company in Hauppauge, New York.

(4)

Includes $0.15 per share from the sale of a building owned by the Company in Hauppauge, New York.


Corporate Highlights

•	Record earnings (excluding gain on real estate) for second consecutive year
•	Exceeded $100 million in revenue for the second consecutive year
•	Improved gross margins and operating margins
•	Strengthened balance sheet, increased cash flows from operations by 23% compared to 2008
•	Quarterly cash dividend increased 9%
•	Recognized for the third consecutive year as one of America's "200 Best Small Companies" by Forbes magazine



160 Cassell Road P.O. Box 144 Harleysville, PA 19438 PH: (215) 723-6751 FAX: (215) 723-6758 E-mail: mpr@met-pro.com	© 2009 Met-Pro Corporation