Baldor announces third quarter dividend

Baldor Electric, a designer and manufacturer of industrial electric motors, power transmission products, drives and generators based in Fort Smith, Arkansas, announced at the Board of Directors meeting on August 6, 2007, a regular quarterly cash dividend of $0.17 per share on the company’s common stock. The cash dividend is payable on September 28, 2007, to shareholders of record on September 7, 2007.