Bairnco Corporation Reports Change in Independent Registered Public Accounting Firm LAKE MARY, Fla., July 2 /PRNewswire-FirstCall/ -- Bairnco Corporation (NYSE:BZ) today reported that on June 30, 2004, the Audit Committee of the Board of Directors (the "Committee") of Bairnco Corporation (the "Corporation") dismissed the Corporation's independent registered public accounting firm, Ernst & Young LLP. On that date, the Committee also approved the engagement of Grant Thornton LLP to serve as the Corporation's independent registered public accounting firm effective immediately, based upon the results of a competitive bid process. Bairnco Corporation is a diversified multinational company that operates two distinct businesses -- Arlon and Kasco. Arlon's principal products include high technology materials for the printed circuit board industry, cast and calendered vinyl film systems, custom engineered laminates and pressure sensitive adhesive systems, and special silicone rubber compounds and components. Kasco's principal products include replacement band saw blades for cutting meat, fish, wood and metal, and on-site maintenance services for the retail food industry primarily in the meat and deli departments. Kasco also distributes equipment to the food industry in Canada and France. DATASOURCE: Bairnco Corporation CONTACT: Larry C. Maingot, Bairnco Corporation, +1-407-875-2222, ext. 230 Web site: http://www.bairnco.com/

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