BELOIT, Wis., Nov. 4 /PRNewswire-FirstCall/ -- Henry W. Knueppel, President and Chief Executive Officer of REGAL-BELOIT CORPORATION (NYSE:RBC), announced that the Board of Directors, at their regular quarterly meeting held on Wednesday, November 2, 2005, declared a dividend of $.13 per share payable on January 16, 2006, to shareholders of record at the close of business on December 30, 2005. In making this announcement, Mr. Knueppel commented, "This dividend represents the 182nd 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. 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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