BELOIT, Wis., Feb. 1 /PRNewswire-FirstCall/ -- Henry W. Knueppel, Chief Executive Officer of REGAL-BELOIT CORPORATION (NYSE:RBC), announced that the Board of Directors, at their regular quarterly meeting held on Friday, January 27, 2006, declared a dividend of $.13 per share payable on April 17, 2006, to shareholders of record at the close of business on March 31, 2006. In making this announcement, Mr. Knueppel commented, "This dividend represents the 183rd consecutive dividend declared by the Company." REGAL-BELOIT CORPORATION is a leading manufacturer of electrical and mechanical 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. First Call Analyst: FCMN Contact: yvonne.mcdonald@regalbeloit.com 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 Web site: http://www.regal-beloit.com/

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