Barnes Group Inc. Renames Its Industrial Business Segment

Business Wire, April 30, 2007

BRISTOL, Conn. -- Barnes Group Inc. (NYSE: B) today announced that it has renamed its Associated Spring business segment Barnes Industrial. The Barnes Industrial business segment consists of six strategic business units (SBUs): Precision Forming; Retention Rings; Nitrogen Gas Products; Precision Valves; Engineered Springs; and Plastics. The Associated Spring brand will remain within the Engineered Springs SBU.

The name change more accurately identifies the end markets and customers of the individual businesses within Barnes Industrial. The change to Barnes Industrial brings the name of the business segment in parallel with Barnes Group Inc.'s other two business segments - Barnes Aerospace and Barnes Distribution.

"The name Barnes Industrial reflects the diversification of our global operations," said Gregory F. Milzcik, President and Chief Executive Officer, Barnes Group Inc. "Barnes Industrial and its business units are premier global providers of precision components for critical applications.

Celebrating its 150th anniversary in 2007, Barnes Group Inc. is an international aerospace and industrial components manufacturing and 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. Over 6,600 dedicated employees at more than 65 locations worldwide contribute to Barnes Group Inc.'s success. The Company has paid cash dividends to stockholders on a continuous basis since 1934. For more information, visit www.barnesgroupinc.com.