Timken Declares Quarterly Dividend

CANTON, Ohio, April 18 -- The board of directors of The Timken Company today declared a quarterly cash dividend of 15 cents per share. The dividend is payable on June 2, 2006 to shareholders of record as of May 1, 20069, 2006. It will be the 336th consecutive dividend paid on the common stock of the company.

The Timken Company (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.