APPLIED INDUSTRIAL TECHNOLOGIES INC - Director's Dealing 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2006-10-30

Reporting Person: PURSER BILL L (President & COO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-10-30	Common Stock	M	10000	$8.597	Acquired	87531.00	Direct
2006-10-30	Common Stock	S	400	$29.270	Disposed	87131.00	Direct
2006-10-30	Common Stock	S	100	$29.250	Disposed	87031.00	Direct
2006-10-30	Common Stock	S	600	$29.210	Disposed	86431.00	Direct
2006-10-30	Common Stock	S	300	$29.200	Disposed	86131.00	Direct
2006-10-30	Common Stock	S	300	$29.190	Disposed	85831.00	Direct
2006-10-30	Common Stock	S	600	$29.170	Disposed	85231.00	Direct
2006-10-30	Common Stock	S	100	$29.120	Disposed	85131.00	Direct
2006-10-30	Common Stock	S	600	$29.110	Disposed	84531.00	Direct
2006-10-30	Common Stock	S	100	$29.100	Disposed	84431.00	Direct
2006-10-30	Common Stock	S	700	$29.090	Disposed	83731.00	Direct
2006-10-30	Common Stock	S	100	$29.080	Disposed	83631.00	Direct
2006-10-30	Common Stock	S	300	$29.070	Disposed	83331.00	Direct
2006-10-30	Common Stock	S	100	$29.060	Disposed	83231.00	Direct
2006-10-30	Common Stock	S	400	$29.050	Disposed	82831.00	Direct
2006-10-30	Common Stock	S	900	$29.030	Disposed	81931.00	Direct
2006-10-30	Common Stock	S	300	$29.020	Disposed	81631.00	Direct
2006-10-30	Common Stock	S	1500	$29.010	Disposed	80131.00	Direct
2006-10-30	Common Stock	S	500	$29.000	Disposed	79631.00	Direct
2006-10-30	Common Stock	S	1900	$28.990	Disposed	77731.00	Direct
2006-10-30	Common Stock	S	200	$28.980	Disposed	77531.00	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-10-30	Employee Stock Option (Right To Buy)	$8.597	M	10000	Disposed	2011-01-18	Common Stock (10000)	Direct

Security	Shares	Ownership
Common Stock	43452.00	Indirect

F1: These options become exercisable in annual increments of 25% commencing one year after the date of grant.