KINGSBURY WELCOMES U.S. CONGRESSMAN BORSKI FOR A TOUR OF ITS BEARING FACILITY

PHILADELPHIA, PA, June 8, 2001 - Kingsbury, Inc. recently welcomed United States Congressman Bob Borski to its headquarters and manufacturing facility. Located in Borksi's congressional district in Pennsylvania, Kingsbury provided the legislator an opportunity to meet with employees and witness how they produce technologically advanced bearing systems that are used around the world by a wide range of industries, as well as with equipment operated by the U.S. armed forces. Congressman Borski toured the bearing facility at the invitation of Mr. Woods Brown, president of Kingsbury. "We're extremely pleased that Congressman Borski was able to stop by and visit with us," said Mr. Brown. "He's worked hard on behalf of the families living and working in his congressional district for many years and we welcomed this opportunity to showcase the dedication and talent of his constituents and others who have contributed to Kingsbury's success." Currently serving his tenth term in office, Borski is the third highest-ranking Democrat on the Transportation and Infrastructure Committee. He serves as the lead Democrat on the Highway and Transit Subcommittee, which has jurisdiction over areas such as the Federal-Aid Highway program, highway safety and research as well as safety and transportation aspects of the Clean Air Act. Borski also serves on the subcommittees focusing on railroads, water resources and the environment.