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April 23, 2007

Baldor 1st Quarter 2007 Earnings Release and Conference Call

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

Baldor will report its 1st quarter 2007 financial results after the market closes on Thursday, May 3, 2007.

A conference call to discuss the results will be held on Friday, May 4, 2007, at 10:00 a.m. CDT (11:00 a.m. EDT) and can be heard live on Baldor’s website at www.baldor.com.

Interested parties may also listen to the call by dialing 866-454-4209 (913-981-5558 for international calls). An audio replay of the call will be available for seven days following the event at 888-203-1112 (passcode 7850947).