DONALDSON Co INC — Director's Dealing 2006

Oct 3, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DONALDSON CO INC (DCI)
CIK: 0000029644
Period of Report: 2006-09-30

Reporting Person: SCHWAB LOWELL F (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-09-30	Common Stock	A	14869	$36.90	Acquired	186742	Direct
2006-09-30	Common Stock	F	216	$36.90	Disposed	186526	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5347	Indirect
Common Stock	20839	Indirect