RBC RBC Bearings Incorporated

BELOIT, Wis., April 26 /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 Wednesday, April 26, 2006, declared a dividend of $.14 per share payable on July 17, 2006, to shareholders of record at the close of business on June 30, 2006. In making this announcement, Mr. Knueppel commented, "We are very pleased to announce this 7.7% increase in the Company's 2006 annual dividend rate to $.56 per share, following a similar increase in 2005. Our 84% increase in diluted earnings per share in 2005 and strong cash flow are major factors in the Board of Director's dividend action. The dividend represents the 184th 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 of REGAL-BELOIT CORPORATION, +1-608-364-8808, ext. 106 Web site: http://www.regal-beloit.com/

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