APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2006

May 5, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2006-05-04

Reporting Person: PURSER BILL L (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-04	Common Stock	M	27500	$12.896	Acquired	82218.00	Direct
2006-05-04	Common Stock	F	16197	$44.170	Disposed	66021.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-05-04	Employee Stock Option (Right To Buy)	$12.896	M	27500	Disposed	2011-01-18	Common Stock (27500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5311.13	Indirect

Footnotes

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