DONALDSON Co INC — Director's Dealing 2007

Nov 30, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DONALDSON CO INC (DCI)
CIK: 0000029644
Period of Report: 2007-11-29

Reporting Person: Ward Jay L (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-29	Common Stock	M	1000	$9.84	Acquired	1018	Direct
2007-11-29	Common Stock	S	76	$45.50	Disposed	942	Direct
2007-11-29	Common Stock	S	300	$45.54	Disposed	642	Direct
2007-11-29	Common Stock	S	100	$45.55	Disposed	542	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-29	Employee Stock Option (right to buy)	$9.84	M	1000	Disposed	2009-01-12	Common Stock (1000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	165	Indirect
Common Stock	5703	Indirect