Regal Beloit Announces Second Quarter Dividend

BELOIT, Wis., April 28 /PRNewswire-FirstCall/ — Henry W. Knueppel, Chairman and Chief Executive Officer of REGAL BELOIT CORPORATION (NYSE:RBC) , announced that the Board of Directors, at their regular quarterly meeting held on Monday, April 28, 2008, declared a dividend of $.16 per share payable on July 18, 2008, to shareholders of record at the close of business on June 27, 2008. The dividend represents the 192nd consecutive 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 the United States, Canada, Mexico, Europe and Asia.

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Source: Regal Beloit Corporation

CONTACT: David A. Barta, Vice President, Chief Financial Officer of
Regal Beloit Corporation, +1-608-361-7405

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