Item 2.02 Results of Operations and Financial Condition
The Timken Company (the "Company") and JTEKT Corporation (the "Purchaser") entered into a definitive Sale and Purchase Agreement (the "Purchase Agreement"), dated July 29, 2009, pursuant to which the Purchaser has agreed to acquire the Company's needle roller bearing business (the "Business"). The closing of the transaction is expected to occur by the end of 2009, subject to customary regulatory approvals and the satisfaction or waiver of other closing conditions.
In accordance with generally accepted accounting principles in the United States, the Company has reclassified the results of the Business to discontinued operations for all periods prior to the sale. Included in Exhibit 99.1 to this Current Report are the 2008 quarterly and the first two quarters of 2009 financial results of the Company depicting income from continuing operations and income from discontinued operations, both "as reported" and excluding special items.
This information shall not be deemed to be "filed" for the purposes of
Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into a filing under the Securities Act of 1933, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Exhibits. 99.1 The Timken Company 2008 quarterly and the first two quarters of 2009 financial results, depicting income from continuing operations and income from discontinued operations and segment results.

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