TIMKEN CO - Director's Dealing 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIMKEN CO (TKR)
CIK: 0000098362
Period of Report: 2008-05-02

Reporting Person: EISENBERG GLENN A (Executive VP-Finance and Admin)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-02	Common Stock	M	8750	$24.14	Acquired	73675	Direct
2008-05-02	Common Stock	S	7506	$36.73	Disposed	66169	Direct
2008-05-02	Common Stock	F	1244	$36.73	Disposed	64925	Direct
2008-05-02	Common Stock	M	17500	$30.93	Acquired	82425	Direct
2008-05-02	Common Stock	S	16336	$36.62	Disposed	66089	Direct
2008-05-02	Common Stock	F	1164	$36.62	Disposed	64925	Direct
2008-05-02	Common Stock	M	8750	$29.23	Acquired	73675	Direct
2008-05-02	Common Stock	S	8003	$36.77	Disposed	65672	Direct
2008-05-02	Common Stock	F	747	$36.77	Disposed	64925	Direct
2008-05-05	Common Stock	S	10000	$36.70	Disposed	54925	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-05-02	Employee Stock Option (Right to Buy)	$24.14	M	8750	Disposed	2014-04-20	Common Stock (8750)	Direct
2008-05-02	Employee Stock Option (Right to Buy)	$30.93	M	17500	Disposed	2016-02-06	Common Stock (17500)	Direct
2008-05-02	Employee Stock Option (Right to Buy)	$29.23	M	8750	Disposed	2017-02-05	Common Stock (8750)	Direct

Security	Shares	Ownership
Common Stock	3004	Indirect

F1: 35,000 shares granted on 4/20/2004 (previously reported on a Form 4) vest in 25% increments per year over 4 years.

F2: 35,000 shares granted on 2/6/2006 (previously reported on a Form 4) vest in 25% increments per year over 4 years.

F3: 35,000 shares granted on 2/5/2007 (previously reported on a Form 4) vest in 25% increments per year over 4 years.