TIMBERLAND BANCORP INC — Director's Dealing 2006

Jun 23, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIMBERLAND BANCORP INC (TSBK)
CIK: 0001046050
Period of Report: 2006-06-21

Reporting Person: HAMRE CLARENCE E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-06-21	Common Stock, $.01 par value per share	S	10000	$31.19	Disposed	42875	Direct

Footnotes

F1: Includes indirect ownership of 20,000 shares held by wife and 1,135 shares held by IRA; does not reflect beneficial ownership of stock options reportable on Table II.