Eastern Bearings, Inc. Will Be Changing Its Business Name

We are pleased to announce that on November 1, 2010,
Eastern Bearings, Inc. will be changing its business name.

Timing is everything...and with the Bearings, Power Transmission and Motion
Control Power Distribution Industry changing as well as International business
demands, we felt it was time to change our name to accurately describe our business.
This change will align our company name with our vision for the future, position us for
growth, while supporting our current structure and objectives. Our Company has grown
and evolved to offer SO MUCH MORE than bearings so that now Eastern
Industrial Automation will accurately describe our business.

Our name change is an enhancement to our value proposition and will portray to the
industry a broader range of value added services offered; Industrial Automation,
Pneumatics, Predictive Maintenance, Automated Lubrication, Pump Repair, Field
Installation and Repair Services, Integrated Supply, Gearbox repair, and International

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