TIMKEN CO — Director's Dealing 2010

Jan 5, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIMKEN CO (TKR)
CIK: 0000098362
Period of Report: 2009-12-31

Reporting Person: Mihaila John Theodore (Senior VP & Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-31	Common Stock	M	181	—	Acquired	10123	Direct
2009-12-31	Common Stock	F	58	$24.09	Disposed	10065	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-12-31	Dividend Equivalent Rights	$0	M	181	Disposed	2009-12-31	Common Stock (181)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	22374	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, 2009

F3: Not Applicable