STATE STREET CORP — Director's Dealing 2007

Mar 2, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STATE STREET CORP (STT)
CIK: 0000093751
Period of Report: 2007-02-28

Reporting Person: GRUBER DAVID P (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-28	Cash Only Right	$	I	416	Acquired		Common Stock (416)	Direct

Footnotes

F1: 1 for 1

F2: These rights, which represent the right to receive cash equal to the fair market value of the underlying common stock, are held under State Street's Deferred Compensation Plan for Directors and will be settled upon the reporting person's retirement from the Board.