W.W. GRAINGER, INC. — Director's Dealing 2007

Mar 23, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2007-03-22

Reporting Person: GRAINGER DAVID W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-22	Common Stock	S	200	$78.33	Disposed	524770	Indirect
2007-03-22	Common Stock	S	50	$78.34	Disposed	524720	Indirect
2007-03-22	Common Stock	S	44654	$78.00	Disposed	611476	Indirect
2007-03-22	Common Stock	S	4739	$78.01	Disposed	606737	Indirect
2007-03-22	Common Stock	S	3707	$78.02	Disposed	603030	Indirect
2007-03-22	Common Stock	S	3805	$78.03	Disposed	599225	Indirect
2007-03-22	Common Stock	S	450	$78.04	Disposed	598775	Indirect
2007-03-22	Common Stock	S	500	$78.05	Disposed	598275	Indirect
2007-03-22	Common Stock	S	603	$78.06	Disposed	597672	Indirect
2007-03-22	Common Stock	S	476	$78.07	Disposed	597196	Indirect
2007-03-22	Common Stock	S	200	$78.08	Disposed	596996	Indirect
2007-03-22	Common Stock	S	200	$78.09	Disposed	596796	Indirect
2007-03-22	Common Stock	S	350	$78.10	Disposed	596446	Indirect
2007-03-22	Common Stock	S	50	$78.11	Disposed	596396	Indirect
2007-03-22	Common Stock	S	8	$78.12	Disposed	596388	Indirect
2007-03-22	Common Stock	S	550	$78.13	Disposed	595838	Indirect
2007-03-22	Common Stock	S	850	$78.16	Disposed	594988	Indirect
2007-03-22	Common Stock	S	1258	$78.17	Disposed	593730	Indirect
2007-03-22	Common Stock	S	100	$78.18	Disposed	593630	Indirect
2007-03-22	Common Stock	S	250	$78.19	Disposed	593380	Indirect
2007-03-22	Common Stock	S	1250	$78.20	Disposed	592130	Indirect
2007-03-22	Common Stock	S	800	$78.21	Disposed	591330	Indirect
2007-03-22	Common Stock	S	300	$78.22	Disposed	591030	Indirect
2007-03-22	Common Stock	S	550	$78.23	Disposed	590480	Indirect
2007-03-22	Common Stock	S	900	$78.25	Disposed	589580	Indirect
2007-03-22	Common Stock	S	650	$78.26	Disposed	588930	Indirect
2007-03-22	Common Stock	S	900	$78.27	Disposed	588030	Indirect
2007-03-22	Common Stock	S	350	$78.28	Disposed	587680	Indirect
2007-03-22	Common Stock	S	50	$78.29	Disposed	587630	Indirect
2007-03-22	Common Stock	S	750	$78.31	Disposed	586880	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.