DONALDSON Co INC — Director's Dealing 2003

Nov 6, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DONALDSON CO INC (DCI)
CIK: 0000029644
Period of Report: 2003-11-04

Reporting Person: GIERTZ JAMES R (Senior VP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-04	Common Stock	A	7.663	$58.22	Acquired	2618	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4230	Indirect
Common Stock	4451	Indirect
Common Stock	88321	Direct

Footnotes

F1: The Donaldson Stock Fund is unitized to permit daily trading.