DONALDSON Co INC — Director's Dealing 2004

Oct 6, 2004

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: DONALDSON CO INC (DCI)
CIK: 0000029644
Period of Report: 2004-09-28

Reporting Person: Shaw James F (Controller)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	36	Direct
Common Stock	37	Indirect
Common Stock	100	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$26.79	2014-06-14	Common Stock (2000)		Direct

Footnotes

F1: Option vests in three equal annual installments commencing one year from grant date of 6/14/2004