General Bearing Corporation Releases Audited 2004 Condensed Consolidated Financial Statements

General Bearing Corporation Releases Audited 2004 Condensed Consolidated Financial Statements

WEST NYACK, NY -- April 12, 2005 -- General Bearing Corporation (OTC:GNRL.PK) announced today that the Company has released the attached audited 2004 condensed consolidated financial statements. The aforementioned financial statements are also available on the Company’s website at www.generalbearing.com

 - Annual 2004.pdf

General Bearing manufactures ball bearings, tapered roller bearings, spherical roller bearings, and cylindrical roller bearings, and bearing components. Under “The General” and the “Hyatt” trademarks, the Company supplies original equipment manufacturers in the automobile, truck/trailer, railcar, office equipment, machinery and appliance industries, as well as the industrial aftermarket.


"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products, product demand and market acceptance risks, reliance on key strategic alliances, fluctuations in operating results and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. These risks could cause the Company's actual results for the current FY and beyond to differ materially from those expressed in any forward looking statements made by, or on behalf of, the company