FLOWSERVE CORP — Director's Dealing 2006

Dec 15, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FLOWSERVE CORP (FLS)
CIK: 0000030625
Period of Report: 2006-12-14

Reporting Person: Pajonas Thomas L (VP & Pres. Flow Control Div.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-14	Common Stock ($1.25 par value per share)	S	2148	$52.4234	Disposed	44466	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock ($1.25 par value per share)	114.91	Indirect

Footnotes

F1: Balance as of last statemement date, September 29, 2006.