KENNAMETAL INC — Director's Dealing 2004

Jul 2, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (KMT)
CIK: 0000055242
Period of Report: 2004-07-01

Reporting Person: TAMBAKERAS MARKOS I (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-07-01	Common Stock	F	14203	$45.3	Disposed	277361.1525	Direct

Footnotes

F1: The amount of securities beneficially owned following the reported transaction includes 493.7615 shares acquired pursuant to tax-conditioned plans (exempt under Rule 16b-3(c)). Specifically, the amount includes: (a) 226.915 shares acquired pursuant to the Kennametal Inc. Thrift Plan; and (b) 266.8465 shares acquired pursuant to the Kennametal Inc. Employee Stock Purchase Plan.