18.10.2006 20:47:00

Barnes Group Inc. Elects William J. Morgan to Board of Directors

The Board of Directors of Barnes Group Inc. (NYSE: B) today announced that William J. Morgan, 59, has been elected to Barnes Group’s Board of Directors. The election, which brings the Board membership to 12, was made effective today. "We are pleased to have Bill join Barnes Group Inc.’s Board of Directors,” said Thomas O. Barnes, Chairman of the Board. "Bill’s wealth of global financial management and audit experience makes him a valuable addition to the Board of Directors.” Mr. Morgan is a retired partner of the accounting firm KPMG LLP, where he served clients in the industrial and consumer market practices. Most recently, he was the Chairman of KPMG LLP’s Audit Quality Council and a member of its Independence Disciplinary Committee. Mr. Morgan was the Lead Partner for the Chairman’s 25 Partner Leadership Development Program. He previously served as the Managing Partner of the Stamford, Connecticut office, and a member of the Board of Directors for KPMG LLP. He is also a member of the Board of Directors of the Swedish-American Chamber of Commerce. Barnes Group Inc. (NYSE:B) is an international diversified industrial manufacturing and distribution company focused on achieving balanced, sustainable, profitable growth. Founded in 1857, Barnes Group consists of three businesses: Barnes Distribution, Associated Spring and Barnes Aerospace. Over 6,500 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.
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Barnes Group Inc. 45,40 -0,44% Barnes Group Inc.

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S&P 600 SmallCap 935,46 -0,94%