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ECOLAB INC. Director's Dealing 2007

May 11, 2007

29912_dirs_2007-05-11_bc876c68-137f-4f4c-a3e6-285bba907ba9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ECOLAB INC (ECL)
CIK: 0000031462
Period of Report: 2007-05-09

Reporting Person: GRUNDHOFER JERRY A (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-05-09 Common Stock M 7400 $24.8325 Acquired 36598.43 Direct
2007-05-09 Common Stock F 4367 $42.075 Disposed 32231.43 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-05-09 Stock Option (Right to Buy) $24.8325 M 7400 Disposed 2013-05-09 Common Stock (7400) Direct
2007-05-09 Stock Option (Right to Buy) $42.075 A 4367 Acquired 2013-05-09 Common Stock (4367) Direct

Footnotes

F1: Reflects the reporting person's payment of the exercise price of the stock options issued in accordance with Rule 16b-3 in each case by delivering shares of Ecolab common stock.

F2: The exercise price for the stock options has been halved and the number of shares subject to the options doubled to reflect a 2-for-1 stock split paid June 6, 2003 subsequent to the original reporting of the options.