Date: 2013-08-01

Timken Reports First-Quarter Results

* Continuing global downturn drives first-quarter sales decline of 33 percent compared with 2008
* Company lowers earnings outlook for full year
* Quarterly dividend reduced 50 percent to 9 cents per share
* Strong cash from operations expected in 2009


CANTON, Ohio -- The Timken Company (NYSE: TKR) today reported sales of $960.4 million during the first quarter of 2009, a decrease of 33 percent over the same period a year ago. Significant volume declines due to weaker demand across most of the company

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