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

Feb 28, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2007-02-27

Reporting Person: GRAINGER DAVID W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-27	Common Stock	S	450	$78.45	Disposed	608920	Indirect
2007-02-27	Common Stock	S	100	$78.46	Disposed	608820	Indirect
2007-02-27	Common Stock	S	800	$78.50	Disposed	608020	Indirect
2007-02-27	Common Stock	S	300	$78.52	Disposed	607720	Indirect
2007-02-27	Common Stock	S	750	$78.53	Disposed	606970	Indirect
2007-02-27	Common Stock	S	100	$78.55	Disposed	606870	Indirect
2007-02-27	Common Stock	S	225	$78.58	Disposed	606645	Indirect
2007-02-27	Common Stock	S	225	$78.59	Disposed	606420	Indirect
2007-02-27	Common Stock	S	200	$78.60	Disposed	606220	Indirect
2007-02-27	Common Stock	S	350	$78.64	Disposed	605870	Indirect
2007-02-27	Common Stock	S	100	$78.66	Disposed	605770	Indirect
2007-02-27	Common Stock	S	200	$78.68	Disposed	605570	Indirect
2007-02-27	Common Stock	S	1350	$78.69	Disposed	604220	Indirect
2007-02-27	Common Stock	S	850	$78.71	Disposed	603370	Indirect
2007-02-27	Common Stock	S	600	$78.72	Disposed	602770	Indirect
2007-02-27	Common Stock	S	2150	$78.74	Disposed	600620	Indirect
2007-02-27	Common Stock	S	2400	$78.76	Disposed	598220	Indirect
2007-02-27	Common Stock	S	350	$78.80	Disposed	597870	Indirect
2007-02-27	Common Stock	S	100	$78.83	Disposed	597770	Indirect
2007-02-27	Common Stock	S	450	$78.84	Disposed	597320	Indirect
2007-02-27	Common Stock	S	250	$78.85	Disposed	597070	Indirect
2007-02-27	Common Stock	S	50	$78.87	Disposed	597020	Indirect
2007-02-27	Common Stock	S	50	$78.88	Disposed	596970	Indirect
2007-02-27	Common Stock	S	50	$78.92	Disposed	596920	Indirect
2007-02-27	Common Stock	S	107	$79.03	Disposed	596813	Indirect
2007-02-27	Common Stock	S	1000	$79.04	Disposed	595813	Indirect
2007-02-27	Common Stock	S	1393	$79.05	Disposed	594420	Indirect
2007-02-27	Common Stock	S	450	$77.90	Disposed	685980	Indirect
2007-02-27	Common Stock	S	4200	$78.00	Disposed	681780	Indirect
2007-02-27	Common Stock	S	650	$78.01	Disposed	681130	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.