APPLIED INDUSTRIAL TECHNOLOGIES INC — Director's Dealing 2006

Feb 3, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED INDUSTRIAL TECHNOLOGIES INC (AIT)
CIK: 0000109563
Period of Report: 2006-02-02

Reporting Person: PURSER BILL L (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-02	Common Stock	M	17000	$8.771	Acquired	53422.00	Direct
2006-02-02	Common Stock	M	45000	$11.146	Acquired	98422.00	Direct
2006-02-02	Common Stock	M	84375	$10.410	Acquired	182797.00	Direct
2006-02-02	Common Stock	F	81563	$41.810	Disposed	101234.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-02	Employee Stock Option (Right to Buy)	$8.771	M	17000	Disposed	2009-02-15	Common Stock (17000)	Direct
2006-02-02	Employee Stock Option (Right to Buy)	$11.146	M	45000	Disposed	2010-01-20	Common Stock (45000)	Direct
2006-02-02	Employee Stock Option (Right to Buy)	$10.410	M	84375	Disposed	2012-08-06	Common Stock (84375)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5145.00	Indirect

Footnotes

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