Baldwin Piano & Organ Co Watch

from 8-A12G ~50 pages Rights Agreement

from SC 13D/A 1 page <page> Exhibit 1 Joint Filing Agreement in Accordance With Rule 13d-1(f) of the Securities Exchange Act of 1934, as Amended, the Undersigned Agree to the Joint Filing on Behalf of Each of Them of a Statement on Schedule 13d (Including Any and All Amendments Thereto) With Respect to the Common Stock, Par Value $.01 Per Share, of Baldwin Piano & Organ Company, a Delaware Corporation, and Further Agree That This Agreement Shall Be Included as an Exhibit to Such Joint Filings. the Undersigned Further Agree That Each Party Hereto Is Responsible for Timely Filing of Such Statement on Schedule 13d and Any Amendments Thereto, and for the Completeness and Accuracy of the Information Concerning Such Party Contained Therein; Provided That No Party Is Responsible for the Completeness or Accuracy of the Information Concerning the Other Party, Unless Such Party Knows or Has Reason to Believe That Such Information Is Inaccurate. This Agreement May Be Executed in One or More Counterparts, Each of Which Shall Be Deemed to Be an Original Instrument, but All of Such Counterparts Together Shall Constitute but One Agreement. in Evidence Thereof the Undersigned, Being Duly Authorized, Hereby Execute This Agreement This 11th Day of February 1997. Bolero Investment Group, L.P. By: /S/ Kenneth W. Pavia, Sr. Name: Kenneth W. Pavia, Sr. Its: General Partner /S/ Kenneth W. Pavia, Sr. Kenneth W. Pavia, Sr. Fhi, Inc. By: /S/ Kenneth W. Pavia, Sr. Name: Kenneth W. Pavia, Sr. Its: President 12 <page> Florence Partners Inc. By: /S/ Charles Powers Name: Charles Powers Its: President /S/ Charles Powers Charles Powers 13

from 8-A12G ~50 pages Underwriting agreement

from SC 13D 1 page <page> Exhibit 1 Joint Filing Agreement in Accordance With Rule 13d-1(f) Promulgated Under the Securities Exchange Act of 1934, as Amended, the Undersigned Hereby Agree to the Joint Filing With All Other Reporting Persons (As Such Term Is Defined in the Schedule 13d Referred to Below) on Behalf of Each of Them of a Statement on Schedule 13d (Including Amendments Thereto) With Respect to the Common Stock, Par Value $.01 Per Share, of Baldwin Piano & Organ Company, a Delaware Corporation, and That This Agreement May Be Included as an Exhibit to Such Joint Filing. This Agreement May Be Executed in Any Number of Counterparts, All of Which Taken Together Shall Constitute One and the Same Instrument. in Witness Whereof, the Undersigned Hereby Execute This Agreement as of the 17th Day of July, 1996. Bolero Investment Group, L.P. By: /S/ Kenneth W. Pavia, Sr. Name: Kenneth W. Pavia, Sr. Its: General Partner /S/ Kenneth W. Pavia, Sr. Kenneth W. Pavia, Sr. Fhi, Inc. By: /S/ Kenneth W. Pavia, Sr. Name: Kenneth W. Pavia, Sr. Its: President