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The Timken Company Declares Quarterly Dividend

7 November 1997

The Timken Company Declares Quarterly Dividend

    CANTON, Ohio, Nov. 7 -- The board of directors of The Timken
Company today declared a quarterly cash dividend of sixteen and one half
(16.5) cents per share.  The dividend is payable on December 8, 1997, to
shareholders of record at the close of business on November 21, 1997.  It will
be the 302nd consecutive dividend paid on the common stock of the company.
    The Timken Company is a leading international manufacturer of
highly engineered bearings and alloy steels.  The company employs some 19,000
associates worldwide and reported 1996 sales of about U.S. $2.4 billion.

SOURCE  Timken Company