SHERWIN WILLIAMS CO — Director's Dealing 2004

Nov 29, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SHERWIN WILLIAMS CO (SHW)
CIK: 0000089800
Period of Report: 2004-11-26

Reporting Person: IVY CONWAY G (Sr. VP-Corp. Plan. Develop.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-26	Common Stock	S	10700	$45.25	Disposed	51166	Direct
2004-11-26	Common Stock	S	100	$45.35	Disposed	51066	Direct
2004-11-26	Common Stock	S	700	$45.42	Disposed	50366	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-11-26	Phantom Stock Units	$16.52	A	45.51	Acquired		Common Stock ()	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	140965.006	Indirect
Common Stock	19038	Indirect
Common Stock	2000	Indirect

Footnotes

F1: Of shares listed, 31,000 are restricted.

F2: Represents the approximate number of shares of common stock for which the Reporting Person has the right to direct the vote under The Sherwin-Williams Company Employee Stock Purchase and Savings Plan per the trustee's 9/30/04 statement. Shares of common stock are not directly allocated to the Plan participants, but are instead held in a unitized fund consisting primarily of common stock and a small percentage of short-term investments. Participants acquire units of this fund.

F3: Reporting Person disclaims beneficial ownership of shares listed.

F4: Acquisition of phantom stock units (in an exempt transaction) under deferred compensation plan(s) to be settled generally upon the Reporting Person's retirement or termination of employment, subject to diversification provisions of the plan(s). The plan(s) utilize unit accounting, with phantom stock units consisting primarily of phantom shares of common stock and a small percentage of short-term investments. On April 1, 1997, units were assigned a beginning per unit price of $10.00.

F5: Includes phantom stock units acquired pursuant to the dividend equivalent reinvestment feature of the plan(s).