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Timken Prices Public Offering of $250 Million Senior Unsecured Notes due 2014

CANTON, Ohio: September 9, 2009 — The Timken Company (NYSE: TKR) announced that it has priced a public offering of $250 million of 6.00% Senior Unsecured Notes due 2014 (the “Notes”) in an underwritten public offering.  The offering is expected to close, subject to customary closing conditions, on September 14, 2009.

Net proceeds from the sale of the Notes will be used for repayment of the company’s 5.75% notes due February 15, 2010.

J.P. Morgan, Deutsche Bank Securities Inc., Morgan Stanley and BofA Merrill Lynch are serving as joint book-running managers for the offering.

A registration statement relating to the Notes has been filed with and declared effective by the SEC.  The offering may be made only by means of a prospectus supplement and the accompanying prospectus.  A copy of the final prospectus supplement and accompanying prospectus relating to this offering may be obtained, when available, by contacting J.P. Morgan collect at 1-212-834-4533, Deutsche Bank Securities Inc. toll free at 1-800-503-4611, Morgan Stanley toll free at 1-866-718-1649 or BofA Merrill Lynch toll free at 1-800-294-1322.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the Notes or any other securities, nor will there be any sale of the Notes or any other securities in any state or jurisdiction in which such an offer, solicitation or sale is not permitted.

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