ENERPAC TOOL GROUP CORP — Director's Dealing 2008

Jan 16, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACTUANT CORP (ATU)
CIK: 0000006955
Period of Report: 2008-01-15

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-01-15	Employee Stock Option (right to buy)	$28.36	A	170000	Acquired	2018-01-15	Class A Common Stock (170000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	518140	Direct
Class A Common Stock	26732	Indirect
Class A Common Stock	3900	Indirect
Class A Common Stock	60000	Indirect
Class A Common Stock	2200	Indirect
Class A Common Stock	2400	Indirect
Class A Common Stock	6354	Indirect

Footnotes

F1: Best estimate of shares held pursuant to Actuant Corporation 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 01/15/2011 and the balance on 01/15/2013.