---

The Timken Company and Steelworkers Union Reach New Agreement    

13 January 2000

The Timken Company and Steelworkers Union Reach New Agreement    

    CANTON, Ohio, Jan. 12 -- The Timken Company and
the United Steelworkers of America, AFL-CIO have reached a new, five-year
labor agreement.
    (Photo:  http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO )
    Members of the United Steelworkers of America voted Monday, Tuesday and
Wednesday to ratify the new contract, which will become effective in September
2000. However, certain provisions of the new contract will become effective
earlier than September.  The new contract extends through September 26, 2005.
    "This five-year agreement benefits both the company and our associates,
and it will serve to ensure that our customers will be able to rely on The
Timken Company for a continued stream of value-added products to meet their
needs," said Michael L. Johnson, Timken vice president - communications.
    This contract is the third consecutive early agreement reached by the
company and the union.  The previous agreement was set to expire in September
2000. Early agreements also were concluded in 1993 and 1997.
    The Timken Company (NYSE: TKR ; 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.