TIMKEN CO — Director's Dealing 2009

Jan 5, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIMKEN CO (TKR)
CIK: 0000098362
Period of Report: 2008-12-31

Reporting Person: BURKHART WILLIAM R (Sr. VP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-12-31	Common Stock	M	342	—	Acquired	20454	Direct
2008-12-31	Common Stock	F	108	$19.21	Disposed	20346	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-12-31	Dividend Equivalent Rights	$0	M	342	Disposed		Common Stock (342)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7090	Indirect

Footnotes

F1: The security converts to Common Stock on a one for one basis

F2: Reflects the issuance of shares in payment of deferred dividend credits on employee stock options which vested and became payable at the rate of one share for each dividend credit on December 31, 2008

F3: Not Applicable