KENNAMETAL INC — Director's Dealing 2003

Jul 31, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (kmt)
CIK: 0000055242
Period of Report: 2003-07-29

Reporting Person: NIEDERST RALPH G (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-07-29	Common Stock	A	2500	—	Acquired	7078.016	Direct

Footnotes

F1: The amount of securities beneficially owned following reported transaction (s) listed in this column includes 52.526 shares acquired pursuant to the Kennametal Inc. Thrift Plan (a tax-conditioned plan exempt under Rule 16b-3(c)).