REGAL REXNORD CORP — Director's Dealing 2006

Oct 3, 2006

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: REGAL BELOIT CORP (RBC)
CIK: 0000082811
Period of Report: 2006-09-22

Reporting Person: Jones Paul J (VP/General Counsel/Secretary)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1250	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
SAR's	$42.94	2016-09-11	SAR's (12000)		Direct

Footnotes

F1: Issued as Stock Settled Appreciation Rights (SAR's), which vest equally over a five year period and will be fully vested on 9/11/11. There is a two year waiting period for first exercise.