REGAL REXNORD CORP — Director's Dealing 2007

May 3, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REGAL BELOIT CORP (RBC)
CIK: 0000082811
Period of Report: 2007-05-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-01	Common Stock	A	1250	$0.0	Acquired	2500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-05-01	SAR's	$44.12	A	13000	Acquired	2017-05-01	SAR's (13000)	Direct

Footnotes

F1: Granted as stock-settled Stock Appreciation Rights (SAR's), which vest equally over a five year period and will be fully vested on 05/01/12.