Tandy Leather Factory, Inc. announced that Wray Thompson has resigned as a member of the Board of Directors of the Company and Chairman of the Board effective immediately. William M. Warren has been elected to serve as a director of the company by a majority of the remaining members of the Board, filling the vacancy created by Mr. Thompson's resignation. Mr. Warren currently serves as the Company's Secretary and General Counsel.

Mr. Warren is President and Director of Loe, Warren, Rosenfield, Kaitcer, Hibbs, Windsor & Lawrence, P.C.