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Barnes Group Inc. Declares Quarterly Dividend
BRISTOL, Conn., Feb 6, 2002 (BUSINESS WIRE) -- The Board of Directors of Barnes Group Inc. (NYSE: B) today declared a quarterly cash dividend of 20 cents ($0.20) per share. The dividend will be payable March 12, 2002, to shareholders of record at the close of business on March 1, 2002.

Barnes Group Inc. and its predecessor companies have paid cash dividends to shareholders on a continuous basis since 1934.

Barnes Group Inc. (www.barnesgroupinc.com) is a diversified international manufacturer of precision metal parts and distributor of industrial supplies, serving a wide range of markets and customers. Founded in 1857 and headquartered in Bristol, Connecticut, Barnes Group consists of three businesses with 2000 sales of $740 million: Associated Spring, North America's largest manufacturer of precision mechanical and nitrogen gas springs; Barnes Aerospace, a manufacturer and repairer of highly engineered aircraft engine and airframe components and assemblies; and Barnes Distribution, an international distributor of maintenance, repair and operating supplies. More than 5,200 dedicated employees at over 50 locations worldwide contribute to Barnes Group Inc.'s success.

CONTACT:          Barnes Group Inc.
                  Investor Relations
                  Phillip J. Penn, (860) 973-2126
                  or
                  Barnes Group Inc.
                  Corporate Communications
                  Stephen J. McKelvey, (860) 973-2132

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