The Timken Company (NYSE:TKR) today announced it will increase base prices on hot-rolled special bar quality (SBQ) products by $30 per ton and cold-finished and thermal-treated SBQ products by $40 per ton. These price increases are effective with shipments beginning on May 1, 2010.

Raw material surcharges will remain in effect.

About The Timken Company

The Timken Company (NYSE: TKR, http://www.timken.com) keeps the world turning with innovative friction management and power transmission products and services, enabling our customers’ machinery to perform more efficiently and reliably. With sales of $3.1 billion in 2009, operations in 26 countries/territories and approximately 17,000 employees, Timken is Where You Turn® for better performance.

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