Timken Declares Quarterly Dividend

                      Timken Declares Quarterly Dividend

Timken directors declare quarterly cash payout of 23 cents per share

PR Newswire

CANTON, Ohio, Nov. 16, 2012

CANTON, Ohio, Nov. 16, 2012 /PRNewswire-FirstCall/ --The Timken Company
(NYSE: TKR; www.timken.com) board of directors today declared a quarterly cash
dividend of 23cents per share. The dividend is payable on Dec. 4, 2012, to
shareholders of record as of Nov. 26, 2012.

(Logo: http://photos.prnewswire.com/prnh/20100210/TIMKENLOGO )

This marks the 362nd consecutive quarterly dividend paid on the common stock
of the company since Timken was listed on the New York Stock Exchange in 1922
– one of the longest running dividend records among NYSE-listed companies.

About The Timken Company
The Timken Company (NYSE: TKR), a global industrial technology leader, applies
its deep knowledge of metallurgy, friction management and power transmission
to improve the reliability and efficiency of machinery all around the world.

The company engineers, manufactures and markets mechanical components and
high-performance steel. Its bearings, engineered-steel bars and tubes—as well
as transmissions, gearboxes, chain and related products and services—support
diversified markets worldwide.

With sales of $5.2 billion in 2011 and approximately 21,000 people operating
from 30 countries, Timken makes the world more productive and keeps industry
in motion.

Media Contact: Pat Carlson
Global Media & Corporate Comm.
Telephone: (330)471-3514

Investor Contact: Steve Tschiegg
Director – Capital Markets & Investor Relations
Telephone: (330)471-7446

SOURCE The Timken Company

Website: http://www.timken.com
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