TIMBERLAND BANCORP INC — Director's Dealing 2004

Nov 19, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIMBERLAND BANCORP INC (TSBK)
CIK: 0001046050
Period of Report: 2004-11-18

Reporting Person: CLINTON ANDREA M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-18	Common Stock, $.01 par value per share	S	500	$24.72	Disposed	8984	Direct

Footnotes

F1: Includes indirect ownership of 2,267 shares held by MRDP Trust and 150 shares held by children; does not reflect beneficial ownership of stock options reportable on Table II.