Regal Beloit Corporation Announces Pricing of Common Stock Offering

BELOIT, Wis., May 19 /PRNewswire-FirstCall/ -- Regal Beloit Corporation (NYSE:
RBC) announced today that it priced a public offering of 3,750,000 shares of
common stock at a price of $36.25 per share to the public. Regal Beloit has
granted the underwriter in the offering an option to purchase up to 562,500
additional shares of common stock at the same price per share to cover any
over-allotments. The public offering of the shares is expected to close on
May 22, 2009.

Assuming no exercise of the underwriter's over-allotment option, Regal Beloit
expects to receive net proceeds from the offering of approximately $130.9
million after deducting underwriting discounts and commissions and estimated
expenses of the offering. Regal Beloit will use the net proceeds from the
offering for general corporate and working capital purposes, including the
potential repayment of long-term debt and the funding of future acquisitions.

Robert W. Baird & Co. acted as underwriter for the offering. The offering is
being made only by means of a prospectus and related prospectus supplement,
copies of which may be obtained from the offices of Robert W. Baird & Co.
Incorporated, 777 East Wisconsin Avenue, 28th Floor, Milwaukee, Wisconsin
53202-5391, or by calling 1-800-792-2413. Electronic copies of the prospectus
and the prospectus supplement are available on the Securities and Exchange
Commission's Web site at www.sec.gov.

This press release does not constitute an offer to sell these securities or a
solicitation of an offer to buy these securities, nor shall there be any sale
of these securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state or jurisdiction.

About Regal Beloit Corporation

Regal Beloit Corporation is a leading manufacturer of mechanical and
electrical motion control and power generation products serving markets
throughout the world. Regal Beloit Corporation is headquartered in Beloit,
Wisconsin, and has manufacturing, sales, and service facilities throughout the
United States, Canada, Mexico, Europe and Asia.

SOURCE Regal Beloit Corporation

David A. Barta, Vice President, Chief Financial Officer of Regal Beloit
Corporation, +1-608-361-7405