TIMBERLAND BANCORP INC — Director's Dealing 2007

Jun 7, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: HAMRE CLARENCE E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-06	Common Stock, $.01 par value per share	S	1870	$18.56	Disposed	84320	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.