Timken Named on Ethisphere Institute's List of the World's 100 Most Ethical Companies

By The Timken Company, PRNE
Sunday, March 28, 2010

CANTON, Ohio, March 29, 2010 - The Timken Company (NYSE: TKR) has been recognized as one of the World's
Most Ethical Companies for 2010 by the Ethisphere Institute, an international
organization focused on the advancement of best practices in business ethics.

(Photo: www.newscom.com/cgi-bin/prnh/20100324/CL75978 )

(Logo: www.newscom.com/cgi-bin/prnh/20100210/TIMKENLOGO )

Out of a record number of nominations considered by Ethisphere, Timken
secured the distinction through consistent demonstration of its foundational
value of ethics and integrity, which, along with the core values of quality,
innovation and independence, have remained grounded throughout the company's
110-year history.

"This honor goes to the associates of our company, who deliver on our
promise of ethics and integrity by the way they serve our customers,
shareholders and communities, and build trust in the Timken name," said
Chairman of the Board Ward J. "Tim" Timken, Jr. "It takes an unwavering
commitment to ethics to achieve sustainable business success. That chain of
cause and effect has been at the core of The Timken Company throughout its
history, and I'm convinced this basic understanding is fundamental to every
great company."

Mr. Timken referenced 2009 highlights of the company's global citizenship
activities, including:

    - Training and certifying associates around the world on the Timken
      Standards of Business Ethics;

    - Operationalizing the company's core values through leadership by
      business, regional and corporate compliance committees, who are charged
      with proactively identifying and mitigating risk;

    - Making a commitment to environmental leadership through examples like:

       - Recycling of almost three million tons of scrap metal over the past
         two years to produce new steel, with nearly 100 percent of Timken's
         steel content made from recycled material;

       - Elimination of six million pounds of waste annually through the
         company's returnable and reusable packaging initiative;

       - Elimination of 31,000 tons of waste from landfills since 2008
         through recycling and reusing electric-arc furnace dust;

    - Supporting local capital programs, such as construction of a water
      recovery and wastewater treatment system in Bangalore, India to benefit
      area farms, and land donation and financial support to establish a
      community sports complex in Union County, South Carolina;

    - Contributing Timken Charitable Trust and corporate donations of US$2.4
      million in 2009 for community and educational needs; and

    - Donating thousands of hours of leadership and community service by
      Timken associates around the world to organizations such as Habitat for
      Humanity, Junior Achievement, the United Way and various social and
      educational agencies.

Companies listed with Timken in the award's Industrial Manufacturing
category are: Caterpillar, Deere & Company, Eaton, Milliken and Company, and
Rockwell Automation. Other notable companies include: Aflac, American
Express, Campbell Soup, the Ford Motor Company, General Electric, Google,
Henkel, Nike, Ricoh, Starbucks, and Xerox.

This is the fourth year Ethisphere, an organization dedicated to the
creation, advancement and sharing of best practices in business ethics,
corporate responsibility and sustainability, has published these rankings,
which appear in Ethisphere Magazine's Q1 issue. It is Timken's first time on
the list.

Through in-depth research and a multi-step analysis, Ethisphere reviewed
thousands of nominations from companies in over 100 countries and 36
industries to determine the winners.

"Timken's promotion of a sound ethical environment shines within its
industry and shows a clear understanding that operating under the highest
standards for business behavior goes beyond goodwill and is intimately linked
to performance and profitability," said Alex Brigham, executive director of
the Ethisphere Institute. "This year's World's Most Ethical Companies award
was more competitive than ever, because companies realize that making ethics
a priority is critical amidst a tough economic environment."

Brigham added, "Compliance or ethics failures add up to more than fees,
fines and penalties. The leadership distraction and turnover, forced
alteration of a working profit model and heightened scrutiny that result
show: good ethics means better business."

The methodology for the World's Most Ethical Companies ranking includes
reviewing codes of ethics, litigation and regulatory infraction histories;
evaluating the investment in innovation and sustainable business practices;
looking at activities designed to improve corporate citizenship; and studying
nominations from senior executives, industry peers, suppliers and customers.

Read about the methodology and view the complete list of the 2010 World's
Most Ethical Companies at ethisphere.com/wme-2010.

About Ethisphere Institute

The research-based Ethisphere Institute is a leading international think
tank dedicated to the creation, advancement and sharing of best practices in
business ethics, corporate social responsibility, anti corruption and
sustainability. The Institute's associated membership group, the Ethisphere
Council, is a forum for business ethics that includes over 200 leading
corporations, universities and institutions. The Ethisphere Council is
dedicated to the development and advancement of individuals on its membership
council through increased efficiency, innovation, tools, mentoring, advice,
and unique career opportunities. Ethisphere magazine, which publishes the
globally recognized World's Most Ethical Companies Ranking(TM), is the
quarterly publication of the Institute. More information on the Ethisphere
Institute, including ranking projects and membership, can be found at
www.ethisphere.com.

About The Timken Company

The Timken Company (NYSE: TKR, www.timken.com) keeps the world
turning with innovative friction management and power transmission products
and services, enabling our customers' machinery to perform more efficiently
and reliably. With sales of US$3.1 billion in 2009, operations in 26
countries/territories and approximately 17,000 employees, Timken is Where You
Turn(R) for better performance.

Media Contact: Lorrie Paul Crum, Manager - Global Media and Strategic
Communications, Mail Code: GNW-37, 1835 Dueber Avenue, S.W., Canton, OH 44706
U.S.A., Telephone: +1-330-471-3514, Mobile: +1-330-224-5021,
lorrie.crum@timken.com

Investor Contact: Steve Tschiegg, Director - Capital Markets and Investor
Relations, Mail Code: GNE-26, 1835 Dueber Avenue, S.W., Canton, OH 44706
U.S.A., Telephone: +1-330-471-7446, steve.tschiegg@timken.com

Media Contact: Lorrie Paul Crum, Manager - Global Media and Strategic Communications, +1-330-471-3514, Mobile: +1-330-224-5021, lorrie.crum at timken.com, or Investor Contact: Steve Tschiegg, Director - Capital Markets and Investor Relations, +1-330-471-7446, steve.tschiegg at timken.com

Discussion

singh.adhita
May 14, 2010: 1:41 am

Oh my god - and this after The Timken Company was just majorly SUED by the U.S. Equal Employment Opportunity Commission (EEOC) for Disability and Sex Discrimination in GREENSBORO, N.C. because they didn’t want to hire a “woman” who just happened to have a disabled child that Timken felt would be too much of a burdon on their health plan.

And in 2009 - when Timken found a way to cheat hundreds of employees out of years of severance, retirement, and Health Insurance by “transferring employees” to a temporary agency without their knowledge so that when the temporary agency laid them off 4 weeks later … Timken had no obligations and saved millions.

That’s ETHICAL? The Ethisphere Institute is a freaking joke. Timken routinely bribes Chinese Officials to keep plants in China.

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