W.W. GRAINGER, INC. — Director's Dealing 2006

Nov 27, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2006-11-22

Reporting Person: GRAINGER DAVID W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-22	Common Stock	S	50	$73.86	Disposed	624720	Indirect
2006-11-22	Common Stock	S	91	$73.06	Disposed	707480	Indirect
2006-11-22	Common Stock	S	50	$73.10	Disposed	707430	Indirect
2006-11-22	Common Stock	S	50	$73.12	Disposed	707380	Indirect
2006-11-22	Common Stock	S	50	$73.13	Disposed	707330	Indirect
2006-11-22	Common Stock	S	50	$73.14	Disposed	707280	Indirect
2006-11-22	Common Stock	S	100	$73.15	Disposed	707180	Indirect
2006-11-22	Common Stock	S	800	$73.23	Disposed	706380	Indirect
2006-11-22	Common Stock	S	250	$73.24	Disposed	706130	Indirect
2006-11-22	Common Stock	S	600	$73.25	Disposed	705530	Indirect
2006-11-22	Common Stock	S	350	$73.26	Disposed	705180	Indirect
2006-11-22	Common Stock	S	150	$73.27	Disposed	705030	Indirect
2006-11-22	Common Stock	S	450	$73.28	Disposed	704580	Indirect
2006-11-22	Common Stock	S	650	$73.29	Disposed	703930	Indirect
2006-11-22	Common Stock	S	350	$73.30	Disposed	703580	Indirect
2006-11-22	Common Stock	S	550	$73.31	Disposed	703030	Indirect
2006-11-22	Common Stock	S	350	$73.32	Disposed	702680	Indirect
2006-11-22	Common Stock	S	600	$73.33	Disposed	702080	Indirect
2006-11-22	Common Stock	S	550	$73.34	Disposed	701530	Indirect
2006-11-22	Common Stock	S	700	$73.35	Disposed	700830	Indirect
2006-11-22	Common Stock	S	1150	$73.36	Disposed	699680	Indirect
2006-11-22	Common Stock	S	1200	$73.37	Disposed	698480	Indirect
2006-11-22	Common Stock	S	450	$73.38	Disposed	698030	Indirect
2006-11-22	Common Stock	S	1100	$73.39	Disposed	696930	Indirect
2006-11-22	Common Stock	S	1600	$73.40	Disposed	695330	Indirect
2006-11-22	Common Stock	S	1050	$73.41	Disposed	694280	Indirect
2006-11-22	Common Stock	S	950	$73.42	Disposed	693330	Indirect
2006-11-22	Common Stock	S	450	$73.43	Disposed	692880	Indirect
2006-11-22	Common Stock	S	100	$73.44	Disposed	692780	Indirect
2006-11-22	Common Stock	S	600	$73.45	Disposed	692180	Indirect

Footnotes

F1: Shares held by trust, of which Mr. Grainger is co-trustee and income beneficiary. Mr. Grainger disclaims beneficial ownership as to such shares.

F2: Shares held by trusts, of which Mr. Grainger is a trustee or co-trustee, FBO Mr. Grainger's wife. Mr. Grainger disclaims beneficial ownership as to such shares.