Bassett to Present at Piper Jaffray's 33rd Annual Consumer Conference

Bassett to Present at Piper Jaffray's 33rd Annual Consumer Conference

BASSETT, Va., June 6, 2013 (GLOBE NEWSWIRE) -- Bassett Furniture Industries,
Inc. (Nasdaq:BSET) announced today that Robert H. Spilman, Jr., President and
Chief Executive Officer, will present at the Piper Jaffray Consumer Conference
on Thursday, June 13, 2013 at 4:00 p.m. at the New York Palace Hotel in New
York City.  

About Bassett Furniture Industries, Inc.

Bassett Furniture Industries, Inc. (Nasdaq:BSET), is a leading manufacturer
and marketer of high quality, mid-priced home furnishings. With 89 company-
and licensee-owned stores, Bassett has leveraged its strong brand name in
furniture into a network of corporate and licensed stores that focus on
providing consumers with a friendly environment for buying furniture and
accessories. The most significant growth opportunity for Bassett continues to
be the Company's dedicated retail store program. Bassett's retail strategy
includes affordable custom-built furniture that is ready for delivery in the
home within 30 days. The stores also feature the latest on-trend furniture
styles, more than 1,000 upholstery fabrics, free in-home design visits, and
coordinated decorating accessories. Bassett is also growing its traditional
wholesale business with more than 500 accounts on the open market, across the
United States and internationally.For more information, visit the Company's
website at bassettfurniture.com. (BSET-E)

Certain of the statements in this release, particularly those preceded by,
followed by or including the words "believes," "expects," "anticipates,"
"intends," "should," "estimates," or similar expressions, or those relating to
or anticipating financial results for periods beyond the end of the first
fiscal quarter of 2013, constitute "forward looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended.For those
statements, Bassett claims the protection of the safe harbor for forward
looking statements contained in the Private Securities Litigation Reform Act
of 1995.In many cases, Bassett cannot predict what factors would cause actual
results to differ materially from those indicated in the forward looking
statements.Expectations included in the forward-looking statements are based
on preliminary information as well as certain assumptions which management
believes to be reasonable at this time.The following important factors affect
Bassett and could cause actual results to differ materially from those
indicated in the forward looking statements:the effects of national and
global economic or other conditions and future events on the retail demand for
home furnishings and the ability of Bassett's customers and consumers to
obtain credit; and the economic, competitive, governmental and other factors
identified in Bassett's filings with the Securities and Exchange
Commission.Any forward-looking statement that Bassett makes speaks only as of
the date of such statement, and Bassett undertakes no obligation to update any
forward-looking statements, whether as a result of new information, future
events or otherwise.Comparisons of results for current and any prior periods
are not intended to express any future trends or indication of future
performance, unless expressed as such, and should only be viewed as historical
data.

CONTACT: J. Michael Daniel, Sr. Vice-President
         and Chief Financial Officer
         (276) 629-6614 - Investors
        
         Jay S. Moore, Director of
         Communications
         (276) 629-6450 - Media
 
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