RBC RBC Bearings Incorporated

BELOIT, Wis., May 18 /PRNewswire-FirstCall/ -- Regal Beloit Corporation (NYSE:RBC) announced today that it has commenced a public offering of 3,500,000 shares of common stock. Regal Beloit will grant the underwriter in the offering an option to purchase up to 525,000 additional shares of common stock at the same price per share to cover any over-allotments. Regal Beloit expects to use the net proceeds from the offering for general corporate and working capital purposes, including the potential repayment of long-term debt and the funding of future acquisitions. Robert W. Baird & Co. will act as the underwriter for the offering. The offering is being made only by means of a prospectus and related prospectus supplement, copies of which may be obtained from the offices of Robert W. Baird & Co. Incorporated, 777 East Wisconsin Avenue, 28th Floor, Milwaukee, Wisconsin 53202-5391, or by calling 1-800-792-2413. Electronic copies of the prospectus and the prospectus supplement are available on the Securities and Exchange Commission's Web site at http://www.sec.gov/. The shares are being offered pursuant to an effective registration statement. This press release does not constitute an offer to sell these securities or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Regal Beloit Corporation Regal Beloit Corporation is a leading manufacturer of mechanical and electrical motion control and power generation products serving markets throughout the world. Regal Beloit Corporation is headquartered in Beloit, Wisconsin, and has manufacturing, sales, and service facilities throughout the United States, Canada, Mexico, Europe and Asia. DATASOURCE: Regal Beloit Corporation CONTACT: David A. Barta, Vice President and Chief Financial Officer of Regal Beloit Corporation, +1-608-361-7405 Web Site: http://www.regal-beloit.com/

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