Baldor Electric Company Announces 4th Quarter 2005 Dividend

FORT SMITH, Ark., Nov. 7, 2005 -- Baldor Electric Company markets, designs, and manufactures industrial electric motors, drives, and generators and is based in Fort Smith, Arkansas. Today Baldor made the following announcements.

Cash Dividend ... The Board of Directors declared a regular quarterly cash dividend of $0.16 per share on the Company's common stock. The cash dividend is payable on January 4, 2006, to shareholders of record on December 14, 2005.

Next Reports ... Members of Baldor's executive management are scheduled to make presentations at the Baird 2005 Industrial Conference in Chicago on Tuesday, November 8, at 10:05 a.m. and at the Southwestern Showcase in Dallas on Thursday, November 17, at 9:15 a.m. Webcasts of both presentations will be available on the Company's website www.baldor.com .