TIMKEN CO — Director's Dealing 2007

May 3, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIMKEN CO (TKR)
CIK: 0000098362
Period of Report: 2007-05-02

Reporting Person: GRIFFITH JAMES W (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-02	Common Stock	M	28000	$19.56	Acquired	254430	Direct
2007-05-02	Common Stock	F	21064	$33.80	Disposed	233366	Direct
2007-05-02	Common Stock	M	50000	$18.38	Acquired	283366	Direct
2007-05-02	Common Stock	F	36582	$33.80	Disposed	246784	Direct
2007-05-02	Common Stock	M	20500	$18.38	Acquired	267284	Direct
2007-05-02	Common Stock	F	15012	$33.73	Disposed	252272	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-05-02	Employee Stock Option (right to buy)	$19.56	M	28000	Disposed	2009-04-20	Common Stock (28000)	Direct
2007-05-02	Employee Stock Option (Right to Buy)	$18.38	M	50000	Disposed	2009-01-15	Common Stock (50000)	Direct
2007-05-02	Employee Stock Option (Right to Buy)	$18.38	M	20500	Disposed	2009-01-15	Common Stock (20500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20636	Indirect

Footnotes

F1: 28,000 shares granted on 4/20/1999 (previously reported on a Form 4) vested in 25% increments per year over 4 years.

F2: 50,000 shares granted on 11/5/1999 (previously reported on a Form 4) vested in 25% increments per year over 4 years

F3: 60,000 shares granted on 11/5/1999 (previously reported on a Form 4) . Price vesting - 30,000 vested when the stock price hit $35.00 and 30,000 vest when the stock price hits $50.00