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Timken to Increase Seamless Tubing Prices

The Timken Corporation today announced price increases on seamless tubular steel products effective with shipments from July 1, 2005 until further notice. Raw material surcharges will remain in effect. (Logo: http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO ) All Carbon Tubing: * >/= 1.75" Walls +25% * < 1.75" Walls + 20% All Alloy Tubing: * >/= 1.75" Walls +12% * < 1.75" Walls + 8% The Timken Corporation is a U.S. sales and marketing subsidiary of The Timken Company (NYSE: TKR) ( http://www.timken.com ). The Timken Company is a leading global manufacturer of highly engineered bearings and alloy steels and a provider of related products and services with operations in 27 countries. The company reported record sales of $4.5 billion in 2004 and employed approximately 26,000 at year-end.
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