Timken to Increase Prices on Special Bar Quality Products

Timken to Increase Prices on Special Bar Quality Products The Timken Company (NYSE:TKR) today announced it will increase base prices on hot-rolled, cold-finished and single-thermal-treated special bar quality (SBQ) products by $30 per ton. This price increase is effective with shipments beginning on Dec. 1, 2007. Raw material surcharges will remain in effect. Price increases for double- and triple-thermal-treated product announced in June 2007 remain in effect and are not affected by this announcement.