BRISTOL, Conn.--(BUSINESS WIRE)--Jan. 9, 2008--Barnes Group Inc.
(NYSE: B) today delivered a notice to holders of its 3.75% Convertible
Senior Subordinated Notes Due 2025 to the effect that, for at least 20
trading days during the 30 consecutive trading days ending December
31, 2007, the closing price of the Company's common stock was greater
than or equal to 130% of the conversion price of such notes on
December 31, 2007. Accordingly, from January 2, 2008 until March 31,
2008, such notes are eligible for conversion as provided in the
Indenture relating to such notes.
Barnes Group Inc. (NYSE:B) is an international aerospace and
industrial components manufacturer and full-service distribution
company focused on achieving consistent, sustainable, and predictable
results. Founded in 1857, Barnes Group consists of three businesses:
Barnes Aerospace, Barnes Distribution and Barnes Industrial. Nearly
6,500 dedicated employees at more than 65 locations worldwide
contribute to Barnes Group Inc.'s success. For more information, visit
CONTACT: Barnes Group Inc.
Brian D. Koppy, 860-973-2126
Stephen J. McKelvey, 860-973-2132
SOURCE: Barnes Group Inc.