TIMKEN

The Timken Company is a leading global manufacturer of highly engineered bearings, alloy steels, and related components and assemblies. Our technologies and products turn up virtually everywhere equipment moves or power is transmitted. By applying our knowledge of friction management and power transmission, we help our customers products run smoother, faster and more efficiently. Corporate Overview Wherever there is motion, you'll find Timken at work. Timken is one of the world's leading producers of highly engineered antifriction bearings and related products and services and alloy steel and components. We help create, transfer and control power, putting our friction management and power transmission technologies to work across a broad industry spectrum. Timken has operations in 30 countries on six continents, and our team of 20,000 employees is dedicated to improving our customers' performance in a variety of applications.

Market Segments Served The Timken Company provides friction management and power transmission solutions for many major market segments, including aerospace, automotive, construction, consumer, defense, energy, industrial equipment, health, heavy industry, machine tool, positioning control, power generation and rail.

Timken in Numbers

2010 Sales: $4.1 billion. Total number of associates worldwide: approx. 20,000. Total number of facilities: 57 plants and 109 sales offices, technology and engineering centers, and warehouses and distribution centers located in 29 countries on six continents. Paid 354th consecutive quarterly dividend in 2010. Listed in the New York Stock Exchange since 1922.

Technology and engineering Nine technology and engineering centers located in North Canton, OH; Bangalore, India; Colmar, France; Lebanon and Keene, NH; Manchester, CT; Mesa, AZ; Ploiesti, Romania; and Shanghai, China. Quality

As of 2009, Timkens plants and distribution centers received 100 quality certifications under ISO 9001, ISO/TS 16949, AS9100, M-1003, OHSAS18001 and other quality certifications.

Environmental
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As of 2009, 27 plants were ISO certified.

Joint Ventures
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Advanced Green Components, LLC Winchester, KY, U.S.A. CoLinx, LLC Greenville, SC, U.S.A. (PTplace.com) Endorsia.com International AB Gothenberg, Sweden Friction Management Services, LLC Medina, OH, U.S.A. Industria Cuscinetti S.p.A (ICSA) Turin, Italy International Components Supply Limitada Sao Paulo, Brazil S.E. SETCO Service Co. Norcross, GA, U.S.A. Timken (Anshan) Industrial Services Co. Ltd. - Anshan, Liaoning Province, China Timken XEMC (Hunan) Bearings Co., Ltd. Xiangtan, China Timken in India A Timken Presence Everywhere As the world changes, so do our customer needs. With decades of technological and industrial experience,we are continuously expanding our capabilities in engineering, metallurgy and precision manufacturing to meet those needs. We are committed to solve technical problems of our customers, no matter how simple or complex. Because we succeed when they do. The Timken Company brings you products,solutions and services that have a presence everywhere.Whether it is innovative technology for space exploration;aiding transport on land with specialized services for Rail; managing friction in a fire furnace for a steel mill; setting up oil rigs in the deep waters or bearings in a wind turbine; we supply products and services that are all around you, and play their invaluable part over, under, within and beyond our earth-defining elements.We bring technology you can trust and quality you can feel. Timken India Limited, a subsidiary of The Timken Company, started its operations in 1987 with a state-of-the-art manufacturing facility at Jamshedpur. Our state-of-the-art capabilities include-

Manufacturing of anti-friction bearings Remanufacturing of anti-friction bearings Manufacturing Technology including Tool and Detail Design Innovation Cenre for Detailed Analysis,Testing, Metallurgy and New Product Development

Business Systems Development including Global Infrastructure Support and Information Technology Customer Application Engineering Service Engineering and on-site MILLTEC support World class distribution network for aftermarket services

Turn to us today! When you turn to Timken, you're really turning to our thousand of employees who are dedicated to improving the performance of our application and business. Contact us today to learn how Timken and our experienced team can help in turning your every challenge into a success story. Vision Corporate Vision We are dedicated to improving our customers' performance by applying our knowledge of friction management and power transmission to deliver unparalleled value and innovation all around the world. Our Values Ethics and Integrity Company Founder Henry Timken, said If you have an idea which you think is right, push it to a finish. But above all, dont set your name to anything you will ever have cause to be ashamed of. We take that to heart, to the extent that ethics, honesty and respect are upheld as the most important considerations in the business decisions we make. Quality Quality is the cornerstone of Timken's brand promise to customers, and a basic requirement of global competitiveness. Our associates are deeply ingrained in quality processes to ensure that customers receive consistent, excellent quality in all Timken products and services everywhere in the world. Innovation Timken is focused on continuously advancing energy-efficient, durable performance in virtually every kind of machinery. From aircraft, to trains, to wind turbines, we develop innovative solutions with customers to help their applications run smoothly, safely and efficiently, which also makes the world a better place. Independence Because we believe independence fosters the greatest potential for creativity and growth, Timken is managed to retain financial independence. In turn, our associates directly contribute and share rewards for the improvements we achieve to benefit our customers and other stakeholders.

Corporate Citizenship Moving the World Forward At the Timken Company, we take an active role in shaping the world around us. Whether we are helping make renewable energy sources more reliable and competitive, practicing environmental responsibility through our operations or sustaining our communities through

countless volunteer hours, the people of Timken work tirelessly to fulfill our responsibility to each other, to our communities, to our investors and to our business partners. However, doing the right thing, with a long term view of our actions,extends well beyond creating value for our customers and shareholders. Our core values and rich tradition of community support also are essential elements of the Timken brand. Our familiar refrain "I Am Where You Turn" speaks to the personal and shared commitment of 20,000 Timken people working together to improve the communities where we live, work and do business. Associates regulaly participate in various activities around making the work and living space, safer, healthier and environment friendly. Our responsibility to the environment, communities and our stakeholders influences the decisions we make everyday. Environment Health and Safety week, Day of Caring,Week of Sharing, and Habitat for Humanity builds are some other endeavours undertaken by Timken associates for the betterment of the community. Initiatives such as offering scholarships, providing financial support, mentoring and giving their time and talent are but a sample of the innumerable ways that Timken team helps make the world a better place. Products & Services Timken friction management and power transmission solutions help customers operate faster and more efficiently increasing productivity, uptime and performance in a wide range of applications and markets.

Bearing Products >

Timken is a leader in all bearing types, including ball, cylindrical, needle, tapered, thrust and spherical. Related products such as housed units, integrated bearing assemblies, precision assemblies and aerospace bearings offer additional features and performance capabilities.

Alloy Steel & Steel Components >

Timken produces high-quality solid steel bars, billets and seamless mechanical steel tubing. We also can convert bars and tubes into rough or semi-finished parts, and provide precision deep hole boring and finishing products and services, reducing customer production costs. Standard and custom steel grades are available.

Power Transmission Components & Systems >

We offer a broad range of power transmission products for automotive, aerospace and general industrial applications. From gearing products and gearbox assemblies to finger followers and precision shafts, we have the products you need to power your application.

Engineered Surfaces & Coatings >

Engineered surfaces create unique surface characteristics to enhance bearing and equipment performance. Extremely hard coatings are available to increase abrasion resistance and reduce friction. Debris resistant technology can keep harmful contaminants from damaging bearings and other parts.

Lubrication >
Timken lubrication reduces friction, prevents wear, carries away heat and protects bearing surfaces from corrosion. Our product line includes specially formulated grease for most industrial and automotive applications. Lubricators are available to dispense grease at regular intervals, simplifying maintenance procedures.

Seals >
Seals protect equipment and prevent contamination. Timken seals can enable optimum performance and are available for automotive and industrial applications.

Motion Control Systems >

Timken offers a wide range of motion control solutions for industrial and automotive systems in braking, steering, hydraulic control and automatic transmissions. Sensing products include a broad selection of speed and direction sensors and angle sensors.

Training >
We share what we know with maintenance personnel, distributors, engineers and steel customers through our premier training opportunities. Courses include our Timken Bearing Certified Maintenance Program, Timken Steel Institute, distributor training and industryspecific training for rolling mill, paper and mining operations.

Remanufacture & Repair >

Remanufacture and repair of industrial components can save time and money over purchasing new. Timken offers repair services for industrial bearings, rail components, chocks and rolls used in primary metals applications, and aircraft assemblies such as gearboxes and transmissions.

Maintenance & Reliability >

Timken offers an array of tools for bearing maintenance. We also offer reliability systems and services to help maintenance personnel maximize operating performance and detect equipment problems before they become critical. Industry Solutions
Around the world and in a variety of industries, customers improve their performance by turning to Timken. Our associates deliver value by working closely with customers to provide friction management and power transmission solutions that cater to their specific industry and applications.

Aerospace >
Timken provides aerospace and defense customers with next-generation technologies for commercial and military applications.

Agriculture >
Design engineers and farmers alike rely on Timken for reliable solutions in a wide range of demanding agriculture applications, from hay balers to combines.

Automotive & Heavy Truck >

Timken provides products and services to automakers that improve fuel economy, reduce emissions and improve vehicle performance.

Bearing Manufacturers >

Timken is a leading provider of high quality alloy steel used by bearing and component manufacturers around the world.

Cement & Aggregate >

Timken provides aggregate and cement equipment makers with bearings and related products and offers additional maintenance services to the aftermarket.

Construction >
Timken products and services are utilized by OEM's and construction crews to enhance performance in earthmovers, bulldozers, cranes and more.

Consumer >
Timken products are used every day in appliances, recreational vehicles and many other consumer applications.

Coal, Oil & Gas >

Energy & Power Generation Timken bearings, steel and related technologies help improve performance in oil and gas drilling, wind energy and power plant applications.

Gear Drive >

Timken steel, bearings and related components are utilized by power transmission and motion control suppliers to provide subsystems for the worlds major industries.

Health >
Timken precision and miniature products are used in hospital, surgical and dental equipment. Timken technologies also are used in rehabilitation and fitness equipment.

Machine Tools >

Machine tool designers and manufacturers use Timken products for a variety of applications requiring precision and reliability.

Mining >
Timken products help OEM's improve their equipment performance and enable mine operators to maximize uptime, reduce maintenance costs, and improve productivity.

Paper >
From pulp processing to printing presses, Timken solutions provide increased uptime and improved performance so end users can get the most out of their equipment.

Primary Metals >

Continuous caster and rolling mill operators depend on Timken for high quality products and maintenance services that keep equipment going strong.

Rail >
Our AP bearing design is the global standard for locomotive and rail car builders and operators. We also offer seals, lubrication and rail services.

Wind Energy >

Timken products and services help harness the wind and turn it into a viable power source for consumers throughout the world.
History
History of The Timken Company For more than 100 years, Timken has focused on value creation for diverse industries and market segments. We deliver a variety of friction management and power transmission solutions for applications ranging from aircraft and automobiles to mining equipment and medical instruments. We've grown considerably since our founding in 1899,

but solving customer problems is still at the core of our business, just like it was when founder Henry Timken patented a tapered roller bearing design that made life easier for freight wagon operators and their mules. The Beginning Henry Timken, a St. Louis carriage maker, recognized that heavy freight wagons had a hard time making sharp turns. To solve the problem, he applied a tapered roller bearing design that could handle both radial (weight) and thrust (cornering force) loads. There were several customer benefits. First, the application ran more smoothly, reducing repair and replacement costs. In some cases, the bearings improved wagon performance so much that fewer mules were required to pull them. Finally, better cornering meant less chance of losing a load of goods. Always focused on customer benefit, Henry quickly realized that the tapered roller bearing could improve product performance in many other applications as well. He and his sons, H.H. and William Timken, quickly founded The Timken Roller Bearing and Axle Company and began building the business into what it is today. Turning Toward the Future The key to Timken's success throughout the decades has been our willingness to transform our business to meet the demands of the market and the needs of our customers. 1899: 1901: 1909: 1911: 1917: Timken Roller Bearing Company incorporates. Timken moves from St. Louis to Canton, Ohio, and opens a bearing and axle plant; it is later renamed The Timken Roller Bearing Company. Timken first enters overseas markets through a licensing agreement in England. The Timken bearing equipped Marmon Wasp wins the inaugural Indy 500. Timken invests in steelmaking operations by opening its first steel plant in Canton, Ohio. The move ensures a reliable supply of steel for use in making Timken bearings at a time when the WWI effort is consuming most U.S.-made steel. Timken bearing applications expand more aggressively into non-automotive fields, such as mining and agriculture. Timken stock is publicly traded and the company is listed on the New York Stock Exchange. Timken bearings are used in railroad cars for the first time. Timken continues to expand internationally through subsidiaries in Canada and France. The Four Aces, a Timken-equipped locomotive, goes into service to demonstrate railroad bearing and steel applications. Timken grows its research and development capabilities by investing in large scale product and bearing life testing equipment. Timken contributes bearings and steel tubing for a variety of military applications during WWII, as well as wartime production of large gun barrels. Timken opens its first automated high-volume production bearing factory in Bucyrus, Ohio. Timken expands its global manufacturing network by opening a plant in Benoni, South Africa. Timken AP bearing, a revolutionary bearing assembly design, is introduced for use in railroad freight cars. Timken opens a plant in Colmar, France, strengthening its European presence. Timken opens a new centralized research and development facility in North Canton, Ohio. It is the first of 12 technology centers the company will open globally. Timken invests in automated mass production bearing operations with a new plant in Gaffney, S.C. Timken reaches $1 billion in sales. Timken invests $500 million to build Faircrest, a state-of-the-art steel mill, at a time when other steel makers are struggling. Timken grows a presence in India by investing in a joint venture for bearing production in Jamshedpur. Acquisition of MPB Corporation expands Timken's portfolio to include miniature precision bearings and new aerospace capabilities.

1919: 1922: 1925: 1928: 1930: 1937: 1941 1945: 1947: 1951: 1954: 1961: 1966:

1971: 1978: 1985: 1989: 1990:

1995: 19961997: 1999: 2005: 2007:

Timken reaches $2 billion in sales. Acquisitions and joint ventures expand bearing manufacturing in England, Italy, the Netherlands, Poland, Romania, China and the United States. Timken celebrates its 100th anniversary. Timken reaches $5 billion in sales. Timken announces a joint venture in China with Xiangtan Electric Manufacturing Co., Ltd., to manufacture ultra large bore bearings for the Chinese wind energy market. Timken adds new power transmission products and capabilities to its aerospace business through the acquisition of Purdy Corp. Timken aligns to drive growth and performance with two new business groups Steel and Bearings and Power Transmission. Timken opens new manufacturing facilities in Chennai, India, and Chengdu, China, to drive the company's strategy of growth in global industrial markets. Timken opens a small-bar steel rolling mill in Canton, Ohio, that expands its portfolio of differentiated steel products. Timken acquires EXTEX Ltd., adding nearly 600 Federal Aviation Administration parts manufacturer approval components to Timken's aerospace portfolio. Timken expands production capacity at its Tyger River facility in Union, S.C., to serve the growing wind energy market. The company also invests in a new thermal steel treatment facility in Canton, Ohio. lTimken completes an agreement to sell its needle roller bearings business to JTEKT Corporation. Timken named among "The 100 Most Trustworthy Companies" by Forbes magazine. Timken is named by Ethisphere Institute as one of world's most ethical companies

2007: 2007: 2008: 2008: 2008: 2008:

2009: 2009: 2010:

Today, we continue our tradition of working with customers to solve problems. Our portfolio includes a full line of products and services that reduce friction and transmit power, not to mention an endless offering of technical solutions that help customers design, protect and maintain their own products.

Timken's Quality
Our commitment to quality preserves the integrity of the Timken brand, not to mention the confidence we've built with our customers. That's why we invest millions of dollars each year in R&D, training and process improvement to ensure that customers receive consistent quality from Timken products, no matter where in the world they were manufactured. We've taken great care to develop our Timken Worldwide Quality standards, which are executed without exception in every plant that produces Timken products. But in addition to setting our own standards, we've also helped define quality in the industry by creating the standards for the American Bearing Manufacturing Association (ABMA) and contributing to the standards set by the International Organization for Standardization (ISO).

Our Measurement of Quality >

The Timken Quality Management System ensures quality all the time, in every location throughout the world.

Our Foundation of Quality >

Timkens commitment to quality began with our founding more than 100 years ago.

Our Quality Awards >

Over the years, Timken has received hundreds of quality awards from customers. Here are some of the latest awards.

Our Quality Registration Certificates >

All Timken production facilities throughout the world are registered to the quality system standard for the industries they serve. Additionally, 46 Timken facilities are certified to the ISO 9001:2008 standard.