DONALDSON Co INC — Director's Dealing 2004

Mar 10, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DONALDSON CO INC (DCI)
CIK: 0000029644
Period of Report: 2004-03-09

Reporting Person: VERHAGE THOMAS R (VP and Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-09	Common Stock	A	9000	—	Acquired	9000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-03-09	Employee Stock Option (right to buy)	$56.41	A	12500	Acquired	2014-03-09	Common Stock (12500)	Direct