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Baldor Announces Q4 and YTD 2008 Release and Conference Call Dates

Fort Smith, Arkansas – January 15, 2009 – Fort Smith, Arkansas - Baldor Electric Company (NYSE:BEZ) markets, designs, and manufactures industrial electric motors, mechanical power transmission products, drives, and generators and is based in Fort Smith, Arkansas.

Baldor will report its 4th quarter and year-to-date 2008 financial results after the market closes on Thursday, February 5, 2009.

A conference call to discuss the results will be held on Friday, February 6, 2009, at 10:00 a.m. CT (11:00 a.m. ET). This call can be heard live on Baldor’s website at www.baldor.com.

Interested parties may call in by dialing 877-857-6161. An audio replay of the call will be available through February 13 at 888-203-1112 (passcode 9749619).

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