TIMBERLAND BANCORP INC — Director's Dealing 2007

Jun 8, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIMBERLAND BANCORP INC (TSBK)
CIK: 0001046050
Period of Report: 2007-06-08

Reporting Person: HAMRE CLARENCE E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-08	Common Stock, $.01 par value per share	S	5600	$18.25	Disposed	70320	Direct

Footnotes

F1: Includes indirect ownership of 40,000 shares held by wife, 2,270 shares held by IRA, and 440 shares held by MRDP Trust; does not reflect beneficial ownership of stock options reportable on Table II.