DONALDSON Co INC — Director's Dealing 2003

Sep 11, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DONALDSON CO INC (DCI)
CIK: 0000029644
Period of Report: 2003-09-10

Reporting Person: COOK WILLIAM M (Senior VP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-09-10	Common Stock	A	2.392	$57.31	Acquired	2476	Indirect
2003-09-10	Common Stock	A	5.585	$57.27	Acquired	18128	Indirect
2003-09-10	Common Stock	A	1.067	$44.97	Acquired	2620	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	83107	Direct

Footnotes

F1: The Donaldson Stock Fund is unitized to permit daily trading. The unit price does not reflect a reduction in share price.