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: 2007-07-14

Reporting Person: DAILEY MARK D (SVP HR & Chief Compliance Ofcr)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-14	Common Stock ($1.25 par value per share)	F	851	$75.13	Disposed	37981	Direct
2007-07-15	Common Stock ($1.25 par value per share)	F	426	$75.13	Disposed	37555	Direct
2007-07-16	Common Stock ($1.25 par value per share)	S	582	$75.56	Disposed	36973	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock ($1.25 par value per share)	10580	Indirect
Common Stock ($1.25 par value per share)	165.2	Indirect

Footnotes

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