Regal Beloit Announces Sale of the Assets of the Richmond Gear Division


December 5, 2011 (Beloit, WI): Regal Beloit Corporation (NYSE:RBC) announced today that it
has entered into an agreement to sell the assets of the Richmond Gear division to Midwest Truck
and Auto Parts, Inc. for an undisclosed amount.

Richmond Gear, located in Liberty, South Carolina, manufactures and distributes ring & pinions,
transmissions and traction control devices for the Racing, HiPerformance
and OffRoad
aftermarkets. Midwest's acquisition of Richmond Gear also includes the Powertrax and LockRight
product lines.

Midwest Truck & Auto Parts, Inc., headquartered in Chicago, Illinois, globally sources and
supplies a wide variety of components to the Heavy Duty, Light Duty and HiPerformance
aftermarkets.

Regal Beloit Corporation is a leading manufacturer of electric motors, mechanical and electrical
motion controls and power generation products serving markets throughout the world. Regal
Beloit is headquartered in Beloit, Wisconsin, and has manufacturing, sales, and service facilities
throughout the United States, Canada, Mexico, Europe and Asia. Regal Beloit's common stock
is a component of the S&P Mid Cap 400 Index and the Russell 2000 Index.

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