ENERPAC TOOL GROUP CORP — Director's Dealing 2006

Jan 17, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACTUANT CORP (ATU)
CIK: 0000006955
Period of Report: 2006-01-12

Reporting Person: ARZBAECHER ROBERT C (Director, President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-01-12	Employee Stock Option (right to buy)	$56.22	A	75000	Acquired	2016-01-12	Class A Common Stock (75000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	12943	Indirect
Class A Common Stock	1950	Indirect
Class A Common Stock	30000	Indirect
Class A Common Stock	1100	Indirect
Class A Common Stock	1200	Indirect
Class A Common Stock	1643	Indirect
Class A Common Stock	289070	Direct

Footnotes

F1: Best estimate of shares held pursuant to Actuant 401(k) Plan.

F2: Owned by daughters.

F3: Best estimate of shares held to Actuant Corporation Deferred Compensation Plan.

F4: Option granted under the Actuant Corporation 2002 Stock Option Plan.

F5: Fifty percent of the option becomes exercisable on 1/12/2009 and the balance on 1/12/2011.