CATERPILLAR INC — Director's Dealing 2007

Oct 1, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CATERPILLAR INC (CAT)
CIK: 0000018230
Period of Report: 2007-09-28

Reporting Person: DICKINSON DANIEL M (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-09-28	Phantom Stock Units	$	A	95	Acquired		Common (95)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	783	Direct

Footnotes

F1: Security converts to common stock on a one-for-one basis.

F2: The phantom stock units were accrued under the Caterpillar Inc. director's deferred compensation plan and are to be settled 100% in cash upon the reporting person's retirement. The stock was acquired in September 2007 at a price of $78.22 per share.