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The Timken Company Declares Quarterly Dividend

5 February 1999

The Timken Company Declares Quarterly Dividend

    CANTON, Ohio, Feb. 5 -- The board of directors of The Timken
Company today declared a quarterly cash dividend of 18 cents per share.  The
dividend is payable on March 8, 1999, to shareholders of record on
February 19, 1999.  It will be the 307th 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 1998
sales of more than U.S. $2.6 billion.