Timken Declares Quarterly Dividend

The board of directors of The Timken Company (NYSE: TKR) today declared a quarterly cash dividend of 18 cents per share. The dividend is payable on Dec. 2, 2008, to shareholders of record as of Nov. 21, 2008. It will be the 346th consecutive dividend paid on the common stock of the company.

About The Timken Company

The Timken Company (NYSE: TKR, http://www.timken.com) keeps the world turning, with innovative friction management and power transmission products and services, enabling our customers to perform faster and more efficiently. With sales of $5.2 billion in 2007, operations in 27 countries and approximately 25,000 employees, Timken is Where You Turn for better performance.

Contacts:

The Timken Company
Media Contact: Jeff Dafler
Manager - Global Media Relations and Government Affairs
Telephone: 330-471-3514
Facsimile: 330-471-4118
jeff.dafler@timken.com
or
Investor Contact: Steve Tschiegg
Director Capital Markets & Investor Relations
Telephone: 330-471-7446
Facsimile: 330-471-2797
steve.tschiegg@timken.com
or
For Additional Information:
www.timken.com/media
www.timken.com/investors

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