1324948--5/28/2008--RBC_Bearings

related topics

{cost, contract, operation}

{operation, international, foreign}

{customer, product, revenue}

{cost, regulation, environmental}

{product, liability, claim}

{acquisition, growth, future}

{provision, law, control}

{control, financial, internal}

{cost, operation, labor}

{condition, economic, financial}

{operation, natural, condition}

{competitive, industry, competition}

{financial, litigation, operation}

{debt, indebtedness, cash}

{property, intellectual, protect}

{personnel, key, retain}

{regulation, government, change}

{stock, price, share}

Cautionary Statement As To Forward-Looking Information Risk Factors Related to Our Company The bearing industry is highly competitive, and this competition could reduce our profitability or limit our ability to grow. The loss of a major customer could result in a material reduction in our revenues and profitability. Weakness in any of the industries in which our customers operate, as well as the cyclical nature of our customers' businesses generally, could materially reduce our revenues and profitability. Future reductions or changes in U.S. government spending could negatively affect our business. Fluctuating supply and costs of raw materials and energy resources could materially reduce our revenues, cash flow from operations and profitability. Our products are subject to certain approvals, and the loss of such approvals could materially reduce our revenues and profitability. Restrictions in our indebtedness agreements could limit our growth and our ability to respond to changing conditions. Work stoppages and other labor problems could materially reduce our ability to operate our business. Our business is capital intensive and may consume cash in excess of cash flows from our operations. Unexpected equipment failures, catastrophic events or capacity constraints may increase our costs and reduce our sales due to production curtailments or shutdowns. We may not be able to continue to make the acquisitions necessary for us to realize our growth strategy. The costs and difficulties of integrating acquired businesses could impede our future growth. We depend heavily on our senior management and other key personnel, the loss of whom could materially affect our financial performance and prospects. Our international operations are subject to risks inherent in such activities. Currency translation risks may have a material impact on our results of operations. We may be required to make significant future contributions to our pension plan. We may incur material losses for product liability and recall related claims. Environmental regulations impose substantial costs and limitations on our operations, and environmental compliance may be more costly than we expect. Our intellectual property and other proprietary rights are valuable, and any inability to protect them could adversely affect our business and results of operations; in addition, we may be subject to infringement claims by third parties. Cancellation of orders in our backlog of orders could negatively impact our revenues. If we fail to maintain an effective system of internal controls, we may not be able to accurately report our financial results or prevent fraud. Risk Factors Related to our Common Stock Provisions in our charter documents may prevent or hinder efforts to acquire a controlling interest in us.

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1324948--5/28/2008--RBC_Bearings_INC