<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META content="text/html; charset=iso-8859-1" = http-equiv=Content-Type> <META content="MSHTML 5.00.3314.2100" name=GENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=#b8b8b8> <DIV><FONT size=4>Bill,</FONT></DIV> <DIV><FONT size=4>I PRAY she doesn't get anything but a swift kick in = the butt, out the door.</FONT></DIV> <DIV><FONT size=4>Joe</FONT></DIV> <DIV></DIV> <BLOCKQUOTE style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: = 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px"> <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV> <DIV style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black"><B>From:</B> <A href="mailto:Billbrpt@AOL.COM" = title=Billbrpt@AOL.COM>Billbrpt@AOL.COM</A> </DIV> <DIV style="FONT: 10pt arial"><B>To:</B> <A = href="mailto:pianotech@ptg.org" title=pianotech@ptg.org>pianotech@ptg.org</A> </DIV> <DIV style="FONT: 10pt arial"><B>Sent:</B> Friday, May 11, 2001 8:59 = PM</DIV> <DIV style="FONT: 10pt arial"><B>Subject:</B> Finally, some good = news chez Baldwin</DIV> <DIV><BR></DIV><FONT face=arial,helvetica><FONT size=5><B>Baldwin = Piano & Organ Company Announces Resignation of Karen Hendricks from = <BR>Company's Board of Directors</FONT><FONT color=#000000 face=Arial lang=0 = size=3 FAMILY="SANSSERIF"></B> <BR><BR>MASON, Ohio, May 11 /PRNewswire/ -- = Baldwin Piano & Organ Company (Nasdaq:   <BR>BPAO ) announced today = that Karen L. Hendricks has resigned from the board of <BR>directors = effective immediately. Hendricks, the former chairman and CEO of <BR>the = Company, had served on the board of directors since 1994.  The Company = <BR>does not intend to appoint an interim board member to replace Hendricks.... <BR><BR></FONT><FONT color=#000000 face=Arial lang=0 size=2 FAMILY="SANSSERIF">I hope this means she doesn't get that million = bucks either. <BR><BR>Bill Bremmer RPT <BR>Madison, Wisconsin</FONT> </FONT></BLOCKQUOTE></BODY></HTML>