DONALDSON Co INC — Director's Dealing 2003

Nov 4, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DONALDSON CO INC (DCI)
CIK: 0000029644
Period of Report: 2003-10-30

Reporting Person: SCHWAB LOWELL F (Senior VP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-10-30	Common Stock	G	1816	—	Disposed	81288	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2116	Indirect
Common Stock	12948	Indirect

Footnotes

F1: Gift of 1,816 shares

F2: Individual holds 15,064 shares indirectly and 81,288 shares directly.