W.W. GRAINGER, INC. - Director's Dealing 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAINGER W W INC (GWW)
CIK: 0000277135
Period of Report: 2008-05-14

Reporting Person: KEYSER RICHARD L (Chairman and CEO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-14	Common Stock	S	2000	$90.355	Disposed	249665	Direct
2008-05-14	Common Stock	S	1100	$90.36	Disposed	248565	Direct
2008-05-14	Common Stock	S	2000	$90.365	Disposed	246565	Direct
2008-05-14	Common Stock	S	3200	$90.37	Disposed	243365	Direct
2008-05-14	Common Stock	S	3000	$90.375	Disposed	240365	Direct
2008-05-14	Common Stock	S	1500	$90.38	Disposed	238865	Direct
2008-05-14	Common Stock	S	800	$90.40	Disposed	238065	Direct
2008-05-14	Common Stock	S	3100	$90.41	Disposed	234965	Direct
2008-05-14	Common Stock	S	6400	$90.42	Disposed	228565	Direct
2008-05-14	Common Stock	S	4800	$90.43	Disposed	223765	Direct
2008-05-14	Common Stock	S	500	$90.44	Disposed	223265	Direct
2008-05-14	Common Stock	S	100	$90.445	Disposed	223165	Direct
2008-05-14	Common Stock	S	300	$90.45	Disposed	222865	Direct
2008-05-14	Common Stock	S	100	$90.4525	Disposed	222765	Direct
2008-05-14	Common Stock	S	100	$90.455	Disposed	222665	Direct
2008-05-14	Common Stock	S	100	$90.4575	Disposed	222565	Direct
2008-05-14	Common Stock	S	200	$90.47	Disposed	222365	Direct