KENNAMETAL INC — Director's Dealing 2006

Jan 31, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KENNAMETAL INC (KMT)
CIK: 0000055242
Period of Report: 2006-01-30

Reporting Person: GREENFIELD DAVID W (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-30	Common Stock	M	5436	$31.365	Acquired	18328.685	Direct
2006-01-30	Common Stock	S	3800	$58.65	Disposed	14528.685	Direct
2006-01-30	Common Stock	S	1336	$58.66	Disposed	13192.685	Direct
2006-01-30	Common Stock	S	300	$58.71	Disposed	12892.685	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-01-30	Non-Qualified Stock Option (right to buy)	$31.365	M	5436	Disposed	2011-09-28	Common Stock (5436)	Direct