Timken to Supply, Repair, Replace Bearings for German Railway Supplier ELH.

Bearings to Be Installed on Frame Used for Freight Cars in United Kingdom

CANTON, Ohio -- The Timken Company (NYSE:TKR) recently won an order to supply, repair and replace tapered bearings for German railway supplier ELH Eisenbahnlaufwerke Halle GmbH & Co. KG.

The bearings are to be installed in the ELH "Optitrack" bogie, which is the frame that carries the train's wheels. The Optitrack was designed for Freightliner bulk freight cars, primarily for service in the United Kingdom.

As part of the contract, Timken also will recondition the bearings in England and handle spare parts procurement. This places a wide spectrum of Timken's friction management knowledge and solutions at ELH's disposal.

Unlike the competition, Timken was able to assure prompt availability, with two-thirds of the bearings delivered before the end of 2006.

"Our abilities to deliver value at each stage of a product's total life cycle make us well-suited to meet ELH's needs," explained Timken's Mat Happach, vice president - rail. "We are not only a supplier in the traditional sense, but also a service partner able to offer dependability over an anticipated car service life of up to 45 years."

The project involves several European parties. The German ELH bogies are to be attached to freight cars manufactured in Poland by the Greenbrier Companies, before the units are sold to Freightliner, the British operator.

About ELH

Founded in 1998, ELH Eisenbahnlaufwerke Halle GmbH & Co. KG specializes in developing, designing and building customized bogies. Its products are installed in freight and passenger cars, in addition to special track-laying and maintenance vehicles.

About The Timken Company

The Timken Company (NYSE: TKR, http://www.timken.com) keeps the world turning, with innovative ways to make customers' products run smoother, faster and more efficiently. Timken's highly engineered bearings, alloy steels and related products and services turn up everywhere. With operations in 27 countries and approximately 25,400 employees, Timken is Where You Turn[TM] for better performance.