Timken Declares Quarterly Dividend

CANTON, Ohio, Feb. 7, 2006 -- The board of directors of The Timken Company today declared a quarterly cash dividend of 15 cents per share. The dividend is payable on March 2, 2006 to shareholders of record as of February 21, 2006. It will be the 335th consecutive dividend paid on the common stock of the company.

About The Timken Company

The Timken Company (http://www.timken.com/) keeps the world turning, with innovative ways to make customers' products run smoother, faster and more efficiently. Timken's highly engineered bearings, alloy steels and related products and services turn up everywhere. With operations in 27 countries, sales of $5.2 billion in 2005 and 27,000 employees, Timken is Where You Turn(TM) for better performance.

  NEWS MEDIA CONTACT:
  Denise Bowler
  Manager - Associate & Financial Communications
  Telephone:  (330) 471-3485
  Facsimile:  (330) 471-4118
  denise.bowler@timken.com

  INVESTOR CONTACT:
  Steve Tschiegg
  Manager - Investor Relations
  Telephone:  (330) 471-7446
  Facsimile:  (330) 471-2797
  steve.tschiegg@timken.com