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Barnes Group Inc. Declares Regular Quarterly Dividend

18 October 1999

Barnes Group Inc. Declares Regular Quarterly Dividend

    BRISTOL, Conn.--Oct. 15, 1999--Directors of Barnes Group Inc. declared a regular cash dividend of 19 cents per share on its common stock for the fourth quarter of 1999, payable December 10, 1999, to stockholders of record December 1, 1999. The Company had 19,040,359 shares outstanding as of the date of declaration.
    Barnes Group Inc. is a diversified international manufacturer and distributor, serving a wide range of industrial markets with precision metal parts and industrial supplies. Barnes Group consists of three separate businesses: Associated Spring, Barnes Aerospace and Bowman Distribution, and employs more than 3,800 people worldwide.

    This release may contain forward-looking statements including those that discuss strategies, goals, outlook or other non-historical matters, or projected revenues, income, returns, or other financial measures. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contained in the statements, including the following: changes in market demand for the types of products and services produced and sold by Barnes Group, changes in worldwide economic and political conditions, interest and foreign exchange rate fluctuations, regulatory changes, and technical changes including Y2K issues.

Quarterly Dividends     1st           2nd           3rd           4th
     1999             $ 0.18        $ 0.19        $ 0.19        $ 0.19
     1998             $ 0.167       $ 0.167       $ 0.18        $ 0.18

    For additional information on Barnes Group, please call our Fax-On-Demand Service at (800) 311-4606.