RBC RBC Bearings Incorporated

REGAL-BELOIT CORPORATION Announces Dividend Increase BELOIT, Wis., April 28 /PRNewswire-FirstCall/ -- Henry W. Knueppel, President and Chief Executive Officer of REGAL-BELOIT CORPORATION (NYSE:RBC), announced that the Board of Directors has declared a dividend of $.13 per share payable on July 15, 2005, to shareholders of record at the close of business on June 30, 2005. In making this announcement, Mr. Knueppel commented, "The 8.3% increase in the quarterly dividend demonstrates our confidence in our ability to continue to deliver strong financial results. This dividend is the 180th consecutive quarterly dividend declared by the Company." REGAL-BELOIT CORPORATION is a leading manufacturer of mechanical and electrical motion control and power generation products serving markets throughout the world. REGAL-BELOIT is headquartered in Beloit, Wisconsin, and has manufacturing, sales, and service facilities throughout North America, and in Mexico, Europe and Asia. DATASOURCE: REGAL-BELOIT CORPORATION CONTACT: Dave Barta, Chief Financial Officer, +1-608-364-8808, ext 106, or Ken Kaplan, Treasurer & Secretary, +1-608-364-8808, ext. 104, both of REGAL-BELOIT CORPORATION Web site: http://www.regal-beloit.com/

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