ENERPAC TOOL GROUP CORP — Director's Dealing 2007

Jun 27, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACTUANT CORP (ATU)
CIK: 0000006955
Period of Report: 2007-06-26

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-26	Class A Common Stock	M	40357	$5.33	Acquired	329427	Direct
2007-06-26	Class A Common Stock	S	40357	$62.84	Disposed	289070	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-06-26	Employee Stock Option (right to buy)	$5.33	M	40357	Disposed	2008-11-03	Class A Common Stock (40357)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	13394	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	2276	Indirect

Footnotes

F1: Represents open market sales pursuant to a Rule 10b5-1 plan.

F2: Best estimate of shares held pursuant to Actuant Corporation 401(k) Plan.

F3: Owned by daughters.

F4: Best estimate of shares held pursuant to Actuant Corporation Deferred Compensation Plan.

F5: Options granted under the Actuant Corporation 1996 Stock Option Plan.

F6: Fifty percent of the options became exercisable on 11/03/2000 and the balance on 11/03/2003.