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|Barnes Group Inc. Declares Quarterly Dividend|
|BRISTOL, Conn., Apr 10, 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 June 11, 2002, to shareholders
of record at the close of business on May 31, 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 2001 sales of $769 million: Associated Spring, one of the world's largest manufacturers of precision mechanical and nitrogen gas springs; Barnes Aerospace, a manufacturer and repairer of highly engineered assemblies and products for aircraft engines, airframes, and land-based industrial gas turbines; and Barnes Distribution, an international distributor of maintenance, repair and operating supplies. Nearly 5,300 dedicated employees at more than 50 locations worldwide contribute to Barnes Group Inc.'s success.
CONTACT: Barnes Group Inc. Phillip J. Penn Investor Relations (860) 973-2126 or Stephen J. McKelvey Corporate Communications (860) 973-2132 URL: http://www.businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.
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