REGAL REXNORD CORP — Director's Dealing 2007

Feb 7, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REGAL BELOIT CORP (RBC)
CIK: 0000082811
Period of Report: 2007-02-06

Reporting Person: KNUEPPEL HENRY W (Director, Chairman/CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-06	Common Stock	A	10000	—	Acquired	163470	Direct
2006-12-31	Common Stock	A	11649.084	—	Acquired	11649.084	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-06	SAR's	$48.05	A	70000	Acquired	2017-02-06	SAR's (70000)	Direct

Footnotes

F1: Shares held in Company 401K Savings Plan purchased throughout the year at various prices. Number of shares shown is for 12/31/06.

F2: Issued as Stock Settled Appreciation Rights (SAR's), which vest equally over a five year period and will be fully vested on 2/6/12.