BNS Holding, Inc. Subsidiary Collins Industries Announces Consolidation of Production Facilities

MIDDLETOWN, R.I.--Collins Industries, a subsidiary of BNS Holding (OTCBB:BNSIA.OB) and the leading manufacturer of specialty vehicles in the United States, announced today the closing of the Wheeled Coach production facility in Hutchinson, Kansas. Company officials plan to move all ambulance production to their main facility in Orlando, Florida by April 30, 2007.

“This plant consolidation was a difficult decision for all of the Collins Industries management team. However, with excess manufacturing capacity in our Orlando, Florida facility coupled with recent manufacturing initiatives, management concluded we could increase volume and alleviate costly duplication of production, engineering, sales, and customer delivery functions through this consolidation,” stated Randall Swift, President/CEO of Collins Industries, Inc.

Company officials met with affected employees today to announce the impending closing and to announce current ambulance production will be absorbed into the main Wheeled Coach facility in Orlando, Florida. Company officials also announced their intention of providing affected employees first consideration of any employment opportunities regarding vacant positions for which they are qualified at Collins Bus Corporation which is located in South Hutchinson, Kansas.

Collins Industries, Inc., a subsidiary of BNS Holding, Inc., is a leading manufacturer of ambulances (including medical attack vehicles, rescue vehicles and fire emergency vehicles), North America's largest producer of Type "A" small school buses, the nation's second largest manufacturer of terminal trucks and a leader in the road construction and industrial sweeper markets. Since 1971, the Company has grown to approximately 1000 employees in six plants comprising over one million combined square feet of manufacturing space. The Company sells its products throughout the United States and abroad.

Before selling all of its operating businesses and assets BNS Holding, Inc. was known as Brown & Sharpe Manufacturing Company, founded in 1833 and one of the oldest industrial companies in America. The company subsequently acquired an 80% interest in Collins Industries on October 31, 2006. Its corporate headquarters are currently located in Middletown, Rhode Island.

This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of assumptions, risks and uncertainties that could cause the actual results of the Company to differ materially from those matters expressed in or implied by such forward-looking statements. They involve known and unknown risks, uncertainties, and other factors, which are in some cases beyond the control of the Company. Additional information regarding these risk factors and uncertainties is described more fully in the Company’s SEC filings. A copy of all SEC filings may be obtained from the SEC’s EDGAR web site, www.sec.gov, or by contacting the company at (401) 848-6300. BNS does not currently maintain a web site.