REGAL REXNORD CORP — Director's Dealing 2004

May 18, 2004

SEC Form 4/A — Form 4/A

Issuer: REGAL BELOIT CORP (RBC)
CIK: 0000082811
Period of Report: 2004-04-22

Reporting Person: KAPLAN KENNETH F (VP/CFO/Secretary)
Reporting Person: EISENREICH DAVID L (Vice President)
Reporting Person: MAPES CHRISTOPHER L (President Motor Sales & Mktg.)
Reporting Person: HOLLENBACH FRITZ (VP-Administration & HR)
Reporting Person: KNUEPPEL HENRY W (Director, President/COO)
Reporting Person: PACKARD JAMES L (Director, Chairman/CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-04-22	Common Stock	A	559	$20.3	Acquired	4159	Direct
2004-04-22	Common Stock	A	700	$20.3	Acquired	700	Direct
2004-04-22	Common Stock	A	700	$20.3	Acquired	700	Direct
2004-04-22	Common Stock	A	467	$20.3	Acquired	2467	Direct
2004-04-22	Common Stock	A	1334	$20.3	Acquired	154804	Direct
2004-04-22	Common Stock	A	2500	$20.3	Acquired	358052	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-04-22	Restricted Stock	$20.3	A	1675	Acquired	2007-04-22	Restricted Stock (1675)	Direct
2004-04-22	Restricted Stock	$20.3	A	2100	Acquired	2007-04-22	Restricted Stock (2100)	Direct
2004-04-22	Restricted Stock	$20.3	A	2100	Acquired	2007-04-22	Restricted Stock (2100)	Direct
2004-04-22	Restricted Stock	$20.3	A	1400	Acquired	2007-04-22	Restricted Stock (1400)	Direct
2004-04-22	Restricted Stock	$20.3	A	4000	Acquired	2007-04-22	Restricted Stock (4000)	Direct
2004-04-22	Restricted Stock	$20.3	A	5000	Acquired	2007-04-22	Restricted Stock (5000)	Direct

Footnotes

F1: This transaction was previously reported incorrectly and should have been shown in Table II.

F2: This transaction was previously reported incorrectly

F3: Number of shares was previously reported as vesting over three years, which was incorrect.

F4: Number of shares was previously reported as vesting over two years, which was incorrect.