POWELL INDUSTRIES INC — Director's Dealing 2008

Mar 6, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POWELL INDUSTRIES INC (POWL)
CIK: 0000080420
Period of Report: 2008-02-26

Reporting Person: BUTLER EUGENE L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-26	Common Stock	S	1500	$38.75	Disposed	5000	Direct
2008-02-26	Common Stock	J	2000	$17.85	Acquired	7000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-26	Common Stock	$17.85	M	2000	Acquired	2008-04-29	Common Stock (2000)	Direct

Footnotes

F1: Includes 3,000 shares of restricted stock subject to forfeiture upon certain conditions.