EDUCATIONAL DEVELOPMENT CORP — Director's Dealing 2007

Mar 20, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EDUCATIONAL DEVELOPMENT CORP (EDUC)
CIK: 0000031667
Period of Report: 2007-02-21

Reporting Person: FOSSETT WILLIAM C (Controller & Corporate Secreta)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-21	Common Stock	X	5000	$4	Acquired	58559	Direct
2007-02-21	Common Stock	X	5000	$2.5	Acquired	63559	Direct
2007-02-21	Common Stock	X	5000	$2.1875	Acquired	68559	Direct
2007-02-21	Common Stock	S	5526	$7.86	Disposed	63033	Direct
2007-02-28	Common Stock	J	8044	$7.21	Acquired	71077	Direct

Footnotes

F1: Shares purchased through employer sponsored 401-k