EDUCATIONAL DEVELOPMENT CORP — Director's Dealing 2006

Dec 21, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EDUCATIONAL DEVELOPMENT CORP (EDUC)
CIK: 0000031667
Period of Report: 2006-05-22

Reporting Person: WHITE RANDALL W (Director, President & CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-22	Common Stock	J	1035	$7.62	Acquired	597902	Direct
2006-09-30	Common stock	J	998	$6.77	Acquired	598900	Direct
2006-12-21	Common stock	G	3000	$7.25	Disposed	595900	Direct

Footnotes

F1: purchased in IRA with proceeds from dividend

F2: shares purchased through employer sponsored 401-k

F3: Charitable contribution