CANTON, Ohio, Nov. 3 /PRNewswire-FirstCall/ -- The board of directors of The Timken Company (NYSE: TKR) today declared a quarterly cash dividend of 16 cents per share. The dividend is payable on Dec. 5, 2006, to shareholders of record as of Nov. 17, 2006. It will be the 338th consecutive dividend paid on the common stock of the company.

About The Timken Company

The Timken Company (NYSE: TKR, 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 $5.0 billion in 2006, operations in 26 countries and approximately 25,000 employees, Timken is Where You Turn™ for better performance. 

NEWS MEDIA CONTACT: Jeff Dafler, Manager - Global Media Relations and Government Affairs, Telephone: (330) 471-3514, Facsimile: (330) 471-4118,jeff.dafler@timken.com

INVESTOR CONTACT: Steve Tschiegg, Manager - Investor Relations, Telephone: (330) 471-7446, Facsimile: (330) 471-2797,steve.tschiegg@timken.com

For Additional Information:

www.timken.com/media

www.timken.com/investors

SOURCE  The Timken Company
    -0-                             11/03/2006
    /CONTACT:  News Media, Jeff Dafler, Manager - Global Media Relations
and Government Affairs, +1-330-471-3514, or facsimile, +1-330-471-4118, or
jeff.dafler@timken.com, or Investors, Steve Tschiegg, Manager - Investor
Relations, +1-330-471-7446, or facsimile, +1-330-471-2797, or
steve.tschiegg@timken.com, both of The Timken Company/
    /Web site:  http://www.timken.com
    (TKR)

CO:  The Timken Company
ST:  Ohio
IN:  MNG AUT TRN
SU:  DIV

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5908 11/03/2006 11:20 EST http://www.prnewswire.com