Release Details

BASSETT, Va., Nov 8, 2007 (PrimeNewswire via COMTEX News Network) -- In cooperation with the Consumer Product Safety Commission, Bassettbaby is issuing a voluntary recall on certain Wendy Bellissimo Collection convertible cribs sold exclusively at Babies "R" Us. A joint press release with the CPSC was issued today, November 8, 2007. To see a copy of the joint press release, please go to www.cpsc.gov.

The voluntary recall pertains to 8,900 cribs manufactured under sixteen purchase orders. The cribs were sold between July 2005 and October 2007. The recall does not affect Wendy Bellissimo Collection convertible cribs manufactured under different purchase orders.

Bassettbaby has learned that if the bushings in the top corners of the crib are stripped, they can come loose, creating a gap and posing a potential entrapment and strangulation hazard. Bassettbaby received approximately 85 reports of bushings loosening, with customers requesting replacement arms and hardware. Bassettbaby recently received a single report of a child's hand being pinched, which led to Bassettbaby notifying the CPSC, launching an investigation, and then initiating this voluntary recall.

Consumers will receive a free arm replacement kit, which has been tested and approved by the CPSC. Changes at the factory eliminate the potential issue on all future production.

Bassettbaby values its relationship with Babies "R" Us, and has worked closely with the retailer during this process. While this is a situation that no one wants to have had occur, Bassett has been in the juvenile business for more than 40 years and its paramount concern has been and continues to be child safety.

About Bassett Furniture

Bassett Furniture Industries Inc. is a leading retailer, manufacturer and marketer of branded home furnishings. Bassett's products are sold primarily through Bassett Furniture stores, with secondary distribution through multi-line furniture stores, many with in-store Bassett Design Centers. Bassettbaby(r) cribs and casegoods are sold through specialty stores and mass merchants. For more information on Bassettbaby visit www.bassettbaby.com.

(BSET-G)

This news release was distributed by PrimeNewswire, www.primenewswire.com

SOURCE: Bassett Furniture Industries, Inc.

Bassett Furniture Industries, Inc.
          Investors
          Barry Safrit, SVP and Chief Financial Officer
            (276) 629-6757
          Media 
          Jay S. Moore, Dir. of Communications
            (336) 389-5513

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