WINNEBAGO INDUSTRIES INC — Director's Dealing 2007

Jan 26, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WINNEBAGO INDUSTRIES INC (WGO)
CIK: 0000107687
Period of Report: 2007-01-25

Reporting Person: HERTZKE BRUCE D (Director, Chrmn & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-25	Common Stock, $.50 par value	S	3400	$34.95	Disposed	66942	Direct
2007-01-25	Common Stock, $.50 par value	S	500	$34.96	Disposed	66442	Direct
2007-01-25	Common Stock, $.50 par value	S	600	$34.97	Disposed	65842	Direct
2007-01-25	Common Stock, $.50 par value	S	4800	$34.9701	Disposed	61042	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-01-25	Stock Options (rights to buy)	$6.2188	M	9300	Disposed	2010-10-11	Common Stock (9300)	Direct

Footnotes

F1: Granted under the Winnebago Industries, Inc. 1997 Stock Option Plan which is a Section 16(b) Plan. All options are currently
exercisable.