Timken Declares Quarterly Dividend

CANTON, Ohio--The board of directors of The Timken Company today declared a quarterly cash dividend of 16 cents per share. The dividend is payable on March 2, 2007, to shareholders of record as of Feb. 16, 2007. It will be the 339th consecutive dividend paid on the common stock of the company.

About The Timken Company

The Timken Company 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 and approximately 25,000 employees, Timken is Where You Turn™ for better performance.