POWELL INDUSTRIES INC — Director's Dealing 2007

Dec 21, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POWELL INDUSTRIES INC (POWL)
CIK: 0000080420
Period of Report: 2007-12-19

Reporting Person: MADISON DON R (Vice President, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-19	Common Stock	M	10000	$23.79	Acquired	10000	Direct
2007-12-19	Common Stock	S	10000	$44.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-12-19	Stock Options	$23.79	S	10000	Disposed	2008-10-01	Common Stock (10000)	Direct

Footnotes

F1: These stock options become exercisable in equal installments on each of the first five anniversaries of 10/1/2001, the date of the grant.