<HTML>List, Since Steinway, from what I have heard, is the company that started the use of everyone's favorite acronym, I thought it most appropriate to use it this time, myself.  I wonder if Steinway will call its own product a "PSO"? NEW YORK--(BUSINESS WIRE)--Jan. 23, 2001--New York based Steinway Sons, a subsidiary of Steinway Musical Instruments, Inc. (NYSE:<A HREF="aol://4785:LVB">LVB</A>), introduces Essex, its third line of grand and upright pianos. The Essex line was unveiled to Steinway & Sons' authorized dealers from North and South America last week during the National Association of Music Merchants' annual trade show. Designed by Steinway & Sons' engineers and manufactured to exacting Steinway specifications, the Essex sets new standards for pianos in its price range. On the outside, Essex cabinetry is streamlined and geometrically carved with the grace and elegance of the art-deco era of the 1920s and 1930s. "The Essex was designed to evoke the art-deco era and the creativity and sophistication associated with it", said Bob Dove, Executive Vice President and General Manager of Boston Piano Company, which markets Essex. To satisfy wide-ranging decorating styles and color palettes, Essex pianos are offered in polished and satin finishes including ebony, walnut, mahogany, cherry, white, ivory, oak and ash. The initial line will consist of two grand and two upright models, ranging in price from $5,200 to $17,800. Now, with the Essex, Steinway provides pianos for every level of musical ability and budget. Steinway & Sons is a subsidiary of Steinway Musical Instruments Inc. (NYSE: LVB), one of the world's leading manufacturers of musical instruments. In addition to Steinway, Boston and Essex pianos, the company produces a complete line of orchestral and band instruments through its Selmer and UMI subsidiaries. These instruments include such notable products as Armstrong flutes, Bach trumpets, C.G. Conn trombones, Ludwig drums and Selmer saxophones. Additional information can be obtained by visiting our web site: www.steinwaymusical.com. </HTML>