Barnes Group Inc. Names Gregory F. Milzcik President and CEO; Edmund M. Carpenter to Retire at Year-End

"Greg is a proven leader with a record of superior performance inleading two of our three business units, Barnes Aerospace andAssociated Spring. Greg demonstrates the depth of executive talentthat we have to take the Company to the next level," said Thomas O.Barnes, Chairman of the Board, Barnes Group Inc.

Milzcik, 46, will succeed Edmund M. Carpenter who announced hisretirement but will remain with the Company through year-end to effecta smooth transition of leadership. Milzcik has been Executive VicePresident and Chief Operating Officer, and a Barnes Group Inc.Director for the past nine months. He joined Barnes Group in 1999 asVice President, Barnes Group Inc. and, President, Barnes Aerospace.Prior to joining Barnes Group, he was Vice President and GeneralManager, International Operations for Lockheed Martin Aircraft andLogistics. Milzcik earned a Doctorate in Management from Case WesternReserve University.

Milzcik commented, "Being appointed CEO presents a greatopportunity for me and the leadership team to leverage past successesand continue to pursue our objective of balanced, sustainable,profitable growth. We are committed to growing a strong company forour stockholders, employees and customers."

Carpenter, 65, is retiring after eight years as President and CEO."Focusing on the Company's people resources, Ed has catapulted BarnesGroup into a worldwide leadership position in each of its businesses,"said Thomas O. Barnes. "Since he joined the Company in 1998, BarnesGroup has achieved record top and bottom line results, doubling itssize through organic growth and strategic acquisitions. Ed's legacy isa team of talented people throughout our global organization who willdrive the Company forward through growth and innovation."

Barnes Group Inc. (www.barnesgroupinc.com) is a diversifiedinternational manufacturer of precision metal components andassemblies and a distributor of industrial supplies, serving a widerange of markets and customers. Founded in 1857 and headquartered inBristol, Connecticut, Barnes Group consists of three businesses with2005 sales of $1.1 billion: Barnes Distribution, an international,full-service distributor of maintenance, repair, operating andproduction supplies; Associated Spring, one of the world's largestmanufacturers of precision mechanical and nitrogen gas products and aglobal supplier of retaining rings, reed valves, shock discs, andinjection-molded plastic components and assemblies; and BarnesAerospace, a manufacturer and repairer of highly engineered assembliesand components of aircraft engines, airframes, and land-basedindustrial gas turbines. Over 6,500 dedicated employees at more than60 locations worldwide contribute to Barnes Group Inc.'s success. TheCompany has paid cash dividends to stockholders on a continuous basissince 1934.

This release may contain certain forward-looking statements asdefined in the Private Securities Litigation and Reform Act of 1995.These forward-looking statements are subject to risks anduncertainties that may cause actual results to differ materially fromthose expressed in the forward-looking statements. The risks anduncertainties, which are described in our periodic filings with theSecurities and Exchange Commission, include, among others,uncertainties arising from the behavior of financial markets; futurefinancial performance of the industries or customers that we serve;changes in market demand for our products and services; integration ofacquired businesses; changes in raw material prices and availability;our dependence upon revenues and earnings from a small number ofsignificant customers; uninsured claims; and numerous other matters ofglobal, regional or national scale, including those of a political,economic, business, competitive, regulatory and public health nature.The Company assumes no obligation to update our forward-lookingstatements.