<HTML>Baldwin Piano & Organ Company Announces Resignation of Joe Head and William Connell from the Board of Directors   MASON, Ohio, July 24 /PRNewswire/ -- Baldwin Piano & Organ Company (OTC Bulletin Board: BPAO) today announced the resignation of Joe Head and William Connell from the Company's board of directors.  In a resignation letter, both directors expressed their support for the measures undertaken by Robert Jones, CEO and President of Baldwin, and their desire to step down after many years of service.  Connell has served on the board since 1995 and Head has been a board member since 1983.  No replacement directors were appointed. Kenneth Pavia, chairman of the board of directors, stated that the reduction in the board would allow further flexibility in addressing the challenges confronting the Company.  "Baldwin continues to address certain legacy issues as part of the Company's overall restructuring efforts, and the board, as presently configured, stands ready to actively counsel management and aid during this transitional period.   The reduction in the board mirrors the temporary downsizing efforts of the Company and will be adjusted as appropriate." Baldwin Piano & Organ Company, the maker of America's best selling pianos, has marketed keyboard musical products for over 140 years. "Safe Harbor" statement under the Private Securities Litigation reform Act of 1995:  This release contains forward-looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, reliance on key strategic alliances, fluctuation in operating results and other risks detailed from time-to-time in the Company's filings with the Securities and Exchange Commission. For information, contact Robert Jones, chief executive officer and president, at (513) 754-4500. </HTML>