October 15, 2008

Timken Will Supply Steel for Antenna Tower on Freedom Tower

The Timken Company (NYSE: TKR) announced today that it has supplied special bar quality steel for use in constructing the antenna tower for the Freedom Tower at the World Trade Center site in New York City.

Timken(R) steel will be used to build the supporting legs of the 450-foot-antenna tower on top of the building. Timken was selected as a supplier for the project by DCM Erectors Inc. of Toronto, Canada, which is the project's steel erector and will build the tower's 12-sided antenna. Tishman Construction Corporation of New York is serving as Construction Manager for the Freedom Tower.

The Freedom Tower, being built by the Port Authority of New York & New Jersey, will stand 1,776 feet tall, and will serve as an inspirational and enduring beacon in the New York City skyline.

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 to perform faster and more efficiently. With sales of $5.2 billion in 2007, operations in 27 countries and approximately 25,000 employees, Timken is Where You Turn(TM) for better performance.