EDUCATIONAL DEVELOPMENT CORP — Director's Dealing 2006

May 9, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EDUCATIONAL DEVELOPMENT CORP (EDUC)
CIK: 0000031667
Period of Report: 2006-05-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-08	Common Stock	G	3000	$7.51	Disposed	595782	Direct
2006-05-08	Common Stock	J	1085	$8.26	Acquired	596867	Direct

Footnotes

F1: shares purchased through employer sponsored 401-K