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The Timken Company Declares Quarterly Dividend

6 November 1998

The Timken Company Declares Quarterly Dividend

    CANTON, Ohio, Nov. 6 -- The board of directors of The Timken
Company today declared a quarterly cash dividend of 18 cents per
share.  The dividend is payable on December 7, 1998, to shareholders of record
at the close of business on November 20, 1998.  It will be the 306th
consecutive dividend paid on the common stock of the company.
    The Timken Company (http://www.timken.com) is a leading international
manufacturer of highly engineered bearings and alloy steels with operations in
25 countries.  The company employs 21,000 people worldwide and reported 1997
sales of more than U.S. $2.6 billion.