Office of the Chief Accountant
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
DearSir/Madam:
The representations made in this letter are based solely on discussions with and representations from the engagement partner and manager on the audits of the financial statements of this registrant for the two most recent fiscal years. Those individuals are no longer with Arthur Andersen LLP. We have read paragraphs two through four of Item 4 included in the Form 8-K dated June 14, 2002, of Bairnco Corporation and Subsidiaries to be filed with the Securities and Exchange Commission and have found no basis for disagreement with the statements contained therein.
Very truly yours,
ARTHUR ANDERSEN LLP
cc: Mr. Lawrence C. Maingot
Controller, Bairnco Corporation
