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The Timken Company Declares Quarterly Dividend

6 August 1999

The Timken Company Declares Quarterly Dividend

    CANTON, Ohio, Aug. 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 September 7, 1999, to shareholders of
record on August 20, 1999.  It will be the 309th 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 about 21,000 people worldwide and reported
1998 sales of more than U.S. $2.6 billion.