KENNAMETAL INC — Director's Dealing 2006

Nov 27, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (KMT)
CIK: 0000055242
Period of Report: 2006-11-27

Reporting Person: CARDOSO CARLOS M (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-27	Common Stock	M	10122	$29.635	Acquired	68749.598	Direct
2006-11-27	Common Stock	F	4780	$62.745	Disposed	63969.598	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-11-27	Incentive Stock Option (right to buy)	$29.635	M	10122	Disposed	2013-04-25	Common Stock (10122)	Direct

Footnotes

F1: Includes 38.309 shares acquired pursuant to tax-conditioned plans (exempt under Rule 16b-3(c)).