FLOWSERVE CORP — Director's Dealing 2007

Jul 18, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FLOWSERVE CORP (FLS)
CIK: 0000030625
Period of Report: 2007-07-15

Reporting Person: Guiltinan Richard J JR (VP,Controller,Chief Acct Ofcr)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-15	Common Stock ($1.25 par value per share)	F	230	$75.13	Disposed	25671	Direct
2007-07-16	Common Stock ($1.25 par value per share)	S	87	$75.33	Disposed	25584	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock ($1.25 par value per share)	140.43	Indirect

Footnotes

F1: Shares were disposed of pursuant to a 10b5-1 plan previously entered into by the reporting person.