RIVERVIEW BANCORP INC — Director's Dealing 2007

Feb 15, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RIVERVIEW BANCORP INC (RVSB)
CIK: 0001041368
Period of Report: 2007-02-14

Reporting Person: SHEAFFER PATRICK (Chairman of the Board & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-14	Common Stock	M	82454	$6.875	Acquired	568356	Direct
2007-02-14	Common Stock	F	33693	$16.825	Disposed	534663	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-14	Stock Options	$	M	82454	Disposed	2008-10-02	Common Stock (82454)	Direct

Footnotes

F1: Includes 298,062 shares held direct; 220,917, 401K and 49,377 shares held indirectly by the Riverview Community Bank ESOP.

F2: Includes 264,369 shares held direct; 220,917, 401K and 49,377 shares held indirectly by the Riverview Community Bank ESOP.

F3: Share market price on February 14, 2007

F4: Options granted pursuant to the 2003 Option Plan.