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	$77.90	Disposed	624270	Indirect
2007-02-27	Common Stock	S	4200	$78.00	Disposed	620070	Indirect
2007-02-27	Common Stock	S	650	$78.01	Disposed	619420	Indirect
2007-02-27	Common Stock	S	1950	$78.02	Disposed	617470	Indirect
2007-02-27	Common Stock	S	300	$78.03	Disposed	617170	Indirect
2007-02-27	Common Stock	S	300	$78.05	Disposed	616870	Indirect
2007-02-27	Common Stock	S	150	$78.06	Disposed	616720	Indirect
2007-02-27	Common Stock	S	150	$78.08	Disposed	616570	Indirect
2007-02-27	Common Stock	S	100	$78.09	Disposed	616470	Indirect
2007-02-27	Common Stock	S	200	$78.10	Disposed	616270	Indirect
2007-02-27	Common Stock	S	150	$78.11	Disposed	616120	Indirect
2007-02-27	Common Stock	S	50	$78.13	Disposed	616070	Indirect
2007-02-27	Common Stock	S	200	$78.14	Disposed	615870	Indirect
2007-02-27	Common Stock	S	250	$78.15	Disposed	615620	Indirect
2007-02-27	Common Stock	S	1350	$78.20	Disposed	614270	Indirect
2007-02-27	Common Stock	S	1150	$78.22	Disposed	613120	Indirect
2007-02-27	Common Stock	S	100	$78.23	Disposed	613020	Indirect
2007-02-27	Common Stock	S	250	$78.24	Disposed	612770	Indirect
2007-02-27	Common Stock	S	300	$78.25	Disposed	612470	Indirect
2007-02-27	Common Stock	S	200	$78.26	Disposed	612270	Indirect
2007-02-27	Common Stock	S	650	$78.27	Disposed	611620	Indirect
2007-02-27	Common Stock	S	900	$78.28	Disposed	610720	Indirect
2007-02-27	Common Stock	S	550	$78.29	Disposed	610170	Indirect
2007-02-27	Common Stock	S	100	$78.30	Disposed	610070	Indirect
2007-02-27	Common Stock	S	200	$78.31	Disposed	609870	Indirect
2007-02-27	Common Stock	S	100	$78.32	Disposed	609770	Indirect
2007-02-27	Common Stock	S	150	$78.33	Disposed	609620	Indirect
2007-02-27	Common Stock	S	150	$78.35	Disposed	609470	Indirect
2007-02-27	Common Stock	S	100	$78.43	Disposed	609370	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.