CANTON, Ohio, Aug. 5 /PRNewswire-FirstCall/ -- The board of directors of The Timken Company today declared a quarterly cash dividend of 15 cents per share. The dividend is payable on September 2, 2005 to shareholders of record as of August 19, 2005. It will be the 333rd consecutive dividend paid on the common stock of the company. (Logo: http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO ) The Timken Company (NYSE:TKR) (http://www.timken.com/) keeps the world turning, with innovative ways to make customers' products run smoother, faster and more efficiently. Timken's highly engineered bearings, alloy steels and related products and services turn up everywhere -- on land, on the seas and in space. With operations in 27 countries, sales of $4.5 billion in 2004 and 26,000 employees, Timken is Where You Turn(TM) for better performance. http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO http://photoarchive.ap.org/ DATASOURCE: The Timken Company CONTACT: Media, Denise Bowler, Manager - Communications, +1-330-471-3485, or fax, +1-330-471-4118, or , or Investor, Steve Tschiegg, Manager - Investor Relations, +1-330-471-7446, or fax, +1-330-471-2797, or , both of The Timken Company Web site: http://www.timken.com/

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