CANTON, Ohio: Feb. 21, 2011 — The Timken Company (NYSE:TKR) today announced it will increase base prices on all special bar quality (SBQ) products by $40 per ton. These price increases are effective with shipments beginning on April 1, 2011, and apply only to non-contract pricing. Raw material surcharges remain in effect.

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 that are critical to help hard-working machinery to perform efficiently and reliably. With sales of $4.1 billion in 2010 and operations in 27 countries with approximately 20,000 people, Timken is Where You Turn® for better performance.

The Timken Company

Media Contact: Lorrie Paul Crum
Manager – Global Media and Strategic Communications
Mail Code: GNW-37
1835 Dueber Avenue, S.W.
Canton, OH 44706 U.S.A.
Office: (330) 471-3514
Mobile: (330) 224-5021
lorrie.crum@timken.com

Investor Contact: Steve Tschiegg
Director – Capital Markets and Investor Relations
Mail Code: GNE-26
1835 Dueber Avenue, S.W.
Canton, OH 44706 U.S.A.
Office: (330) 471-7446
steve.tschiegg@timken.com

For Additional Information:
www.timken.com/media
www.timken.com/investors

Other News:
SEDEX Membership Confirms Brammer’s Ethical Approach
Timken to Increase Prices on Special Bar Quality Products
Boca Bearings Sponsored Dan Coleman Races in the RC KBRL Nitro Series
Pierburg India Pvt Ltd Acquires the Bearings Business Division of Kirloskar Oil Engines Ltd
Boca Bearings Sponsored Mikey Bustamante races in RC Expert Stock Truck & Expert Modified Buggy
Pacamor Kubar Bearings (PKB) Augments ISO 9001 / AS9100 Certifications
NTN Academic Society Commendation for R&D on Support Systems for Cerebral Blood Vessel Catheterization
EnPro Industries Announces Closing of PSI Transaction