ILLINOIS TOOL WORKS INC — Director's Dealing 2003

May 12, 2003

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ILLINOIS TOOL WORKS INC (ITW)
CIK: 0000049826
Period of Report: 2003-05-09

Reporting Person: MORRISON ROBERT S (Director)

Footnotes

F1: Represents Units of Phantom Stock under the Phantom Stock Plan for Non-Officer Directors. Each Unit is equal in value to one share of Common Stock. The Units are not transferable and have no voting rights. Additional units are credited in amounts equivalent to cash dividends paid on the Common Stock.