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	44655	$78.00	Disposed	549765	Indirect
2007-03-22	Common Stock	S	4738	$78.01	Disposed	545027	Indirect
2007-03-22	Common Stock	S	3708	$78.02	Disposed	541319	Indirect
2007-03-22	Common Stock	S	3805	$78.03	Disposed	537514	Indirect
2007-03-22	Common Stock	S	450	$78.04	Disposed	537064	Indirect
2007-03-22	Common Stock	S	500	$78.05	Disposed	536564	Indirect
2007-03-22	Common Stock	S	602	$78.06	Disposed	535962	Indirect
2007-03-22	Common Stock	S	476	$78.07	Disposed	535486	Indirect
2007-03-22	Common Stock	S	200	$78.08	Disposed	535286	Indirect
2007-03-22	Common Stock	S	200	$78.09	Disposed	535086	Indirect
2007-03-22	Common Stock	S	350	$78.10	Disposed	534736	Indirect
2007-03-22	Common Stock	S	50	$78.11	Disposed	534686	Indirect
2007-03-22	Common Stock	S	8	$78.12	Disposed	534678	Indirect
2007-03-22	Common Stock	S	550	$78.13	Disposed	534128	Indirect
2007-03-22	Common Stock	S	850	$78.16	Disposed	533278	Indirect
2007-03-22	Common Stock	S	1258	$78.17	Disposed	532020	Indirect
2007-03-22	Common Stock	S	100	$78.18	Disposed	531920	Indirect
2007-03-22	Common Stock	S	250	$78.19	Disposed	531670	Indirect
2007-03-22	Common Stock	S	1250	$78.20	Disposed	530420	Indirect
2007-03-22	Common Stock	S	800	$78.21	Disposed	529620	Indirect
2007-03-22	Common Stock	S	300	$78.22	Disposed	529320	Indirect
2007-03-22	Common Stock	S	550	$78.23	Disposed	528770	Indirect
2007-03-22	Common Stock	S	900	$78.25	Disposed	527870	Indirect
2007-03-22	Common Stock	S	650	$78.26	Disposed	527220	Indirect
2007-03-22	Common Stock	S	900	$78.27	Disposed	526320	Indirect
2007-03-22	Common Stock	S	350	$78.28	Disposed	525970	Indirect
2007-03-22	Common Stock	S	50	$78.29	Disposed	525920	Indirect
2007-03-22	Common Stock	S	750	$78.31	Disposed	525170	Indirect
2007-03-22	Common Stock	S	200	$78.32	Disposed	524970	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6662404	Direct

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.