AZZ INC — Director's Dealing 2006

Jan 23, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AZZ INC (AZZ)
CIK: 0000008947
Period of Report: 2006-01-20

Reporting Person: WATSON CLEMENT H (Vice President Sales - EPG)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-20	Common Stock $1 Par Value	M	10557	$8.43	Acquired	10557	Direct
2006-01-20	Common Stock $1 Par Value	S	10557	$23.40	Disposed	0	Direct
2006-01-20	Common Stock $1 Par Value	M	2942	$17.60	Acquired	2942	Direct
2006-01-20	Common Stock $1 Par Value	S	2942	$23.40	Disposed	0	Direct
2006-01-23	Common Stock $1 Par Value	M	3800	$17.60	Acquired	3800	Direct
2006-01-23	Common Stock $1 Par Value	S	3800	$23.25	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-01-20	Incentive Stock Option Right-to-Buy	$8.43	M	10557	Disposed	2013-04-02	Common (10557)	Direct
2006-01-20	Incentive Stock Option Right-to-Buy	$17.60	M	2942	Disposed	2012-03-27	Common (2942)	Direct
2006-01-23	Incentive Stock Option Right-to-Buy	$17.60	M	3800	Disposed	2012-03-27	Common (3800)	Direct