ROLLINS INC — Director's Dealing 2007

Jan 18, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROLLINS INC (ROL)
CIK: 0000084839
Period of Report: 2007-01-16

Reporting Person: ROLLINS R RANDALL (Director, Chairman of the Board, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-16	Common Stock	M	166500	$8.5111	Acquired	305661	Direct
2007-01-16	Common Stock	F	81925	$21.60	Disposed	223736	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-01-16	Stock Option	$8.5111	M	166500	Disposed	2007-01-22	Common Stock (166500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	141529	Indirect
Common Stock	33027	Indirect
Common Stock	1392074	Indirect
Common Stock	31846915	Indirect

Footnotes

F1: Includes 229 shares of 401(k) stock, 3,819 shares of IRA stock, and 30,000 shares of restricted stock.

F2: R. Randall Rollins disclaims for the purpose of Section 16 of the Securities and Exchange Act of 1934 the beneficial ownership of the shares of these shares, except to the extent of any pecuniary interest therein, and this report is not an admission of such beneficial ownership.

F3: Options vest in 20% annual increments beginning on grant date (January 22, 2002).