ENERPAC TOOL GROUP CORP — Director's Dealing 2004

Oct 7, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACTUANT CORP (ATU)
CIK: 0000006955
Period of Report: 2004-10-05

Reporting Person: CROWTHER H RICHARD (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-10-05	Class A Common Stock	M	10619	$6.635	Acquired	35619	Direct
2004-10-05	Class A Common Stock	S	10619	$43.2101	Disposed	25000	Direct
2004-10-05	Class A Common Stock	M	15600	$7.13	Acquired	40600	Direct
2004-10-05	Class A Common Stock	S	15600	$43.2101	Disposed	25000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-10-05	Director Stock Option (right to buy)	$6.635	M	10619	Acquired	2008-01-09	Class A Common Stock (10619)	Direct
2004-10-05	Director Stock Option (right to buy)	$7.13	M	15600	Acquired	2009-01-12	Class A Common Stock (15600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	1200	Indirect

Footnotes

F1: Pursuant to the Applied Power Inc. 1989 Outside Directors' Stock Option Plan which vests 11 months after date of grant.