CANTON, Ohio, Feb. 7 /PRNewswire-FirstCall/ -- The board of directors of The Timken Company (NYSE:TKR) today declared a quarterly cash dividend of 15 cents per share. The dividend is payable on March 2, 2006 to shareholders of record as of February 21, 2006. It will be the 335th 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 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. With operations in 27 countries, sales of $5.2 billion in 2005 and 27,000 employees, Timken is Where You Turn(TM) for better performance. NEWS MEDIA CONTACT: Denise Bowler Manager - Associate & Financial Communications Telephone: (330) 471-3485 Facsimile: (330) 471-4118 INVESTOR CONTACT: Steve Tschiegg Manager - Investor Relations Telephone: (330) 471-7446 Facsimile: (330) 471-2797 First Call Analyst: FCMN Contact: DATASOURCE: The Timken Company CONTACT: Media, Denise Bowler, Manager - Associate & Financial Communications, +1-330-471-3485, or facsimile, +1-330-471-4118, or , or Investors, Steve Tschiegg, Manager - Investor Relations, +1-330-471-7446, or facsimile, +1-330-471-2797, or , both of The Timken Company Web site: http://www.timken.com/ http://www.timken.com/investors http://www.timken.com/media

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