REGAL REXNORD CORP — Director's Dealing 2007

Jan 29, 2007

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: REGAL BELOIT CORP (RBC)
CIK: 0000082811
Period of Report: 2007-01-26

Reporting Person: COLVIN TERRY R (Vice President-Human Resources)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	750	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Settled Appreciation Rights	$42.94	2016-09-11	SAR's (7500)		Direct

Footnotes

F1: Issued as Stock Settled Appreciation Rights, the SAR's will vest equally (20% per year) over a five-year peiod and will be fully vested on 9/11/2011. There is a two year waiting period for for first exercise.