ENERPAC TOOL GROUP CORP — Director's Dealing 2007

Jan 18, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACTUANT CORP (ATU)
CIK: 0000006955
Period of Report: 2007-01-16

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-01-16	Employee Stock Option (right to buy)	$47.27	A	80000	Acquired	2017-01-16	Class A Common Stock (80000)	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
Class A Common Stock	289070	Direct

Footnotes

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

F2: Owned by daughters.

F3: Best estimate of shares held pursuant 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 01/16/10 and the balance on 01/16/12.