PATRICK INDUSTRIES INC — Director's Dealing 2008

Feb 22, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PATRICK INDUSTRIES INC (PATK)
CIK: 0000076605
Period of Report: 2008-02-19

Reporting Person: GENDELL JEFFREY L ET AL (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-19	Common Stock, par value $0.01	P	50000	$7.72	Acquired	2343089	Indirect

Footnotes

F1: The Reporting Person is the managing member of Tontine Capital Management, L.L.C. ("TCM"), a Delaware limited liability
company, the general partner of Tontine Capital Partners, L.P. ("TCP"), a Delaware limited partnership. The Reporting
Person is also the managing member of Tontine Overseas Associates, L.L.C., a Delaware limited liability company ("TOA"), the
investment adviser to Tontine Capital Overseas Master Fund, L.P., a Cayman Islands partnership ("TCO").

F2: The Reporting Person directly owns 0 shares of the Common Stock. TCM and TOA directly own 0 shares of Common Stock. TCP
directly owns 1,874,469 shares of Common Stock. TCO owns 468,620 shares of Common Stock. All of the foregoing shares of
Common Stock may be deemed to be beneficially owned by the Reporting Person. The Reporting Person disclaims beneficial
ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of
1934, as amended, or otherwise, except as to securities directly owned by the Reporting Person or representing the Reporting
Person's pro rata interest in, and interest in the profits of, TCM, TCP, TOA, and TCO.

F3: Common Stock purchased by TCP and TCO.