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
CONTACT: Barnes Group Inc.
Phillip J. Penn, (860) 973-2126
Barnes Group Inc.
Stephen J. McKelvey, (860) 973-2132
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