Baldor Electric Company to Hold Investor Meeting

FORT SMITH, Ark., May 27 /PRNewswire-FirstCall/ -- Baldor Electric Company
(NYSE: BEZ) will hold an Investor Meeting on Tuesday, June 9, 2009, in New
York City. During the meeting, Baldor will provide updates on current
business, cost reduction efforts for 2009, and long-term growth opportunities.

The meeting is open to investors of both the Company's equity and debt. To
reserve a seat, please contact Tracy Long at tlong@baldor.com or call
479-648-5769.

The meeting will also be webcast live at 11:30 a.m. Eastern on Tuesday, June
9, 2009. The webcast and presentation materials will be available on the
Investor Relations' portion of Baldor's website at www.baldor.com.

Baldor Electric Company markets, designs, and manufactures industrial electric
motors, mechanical power transmission products, drives, and generators and is
based in Fort Smith, Arkansas. Baldor is the leading manufacturer of
industrial electric motors in North America and has 26 manufacturing
facilities worldwide.

BEZ-G

SOURCE Baldor Electric Company

John McFarland, Chairman and Chief Executive Officer, or Ron Tucker, President
and Chief Operation Officer, or Tracy Long, Vice President Investor Relations,
all of Baldor Electric Company, +1-479-648-5769, Investorinfo@baldor.com