Actuant Executives Adopt 10b5-1 Plans

MILWAUKEE--(BUSINESS WIRE)-- Actuant Corporation (NYSE: ATU) today announced that Mark Goldstein, Chief Operating Officer and Gustav Boel, Executive Vice President and Director have adopted prearranged trading plans in accordance with guidelines specified by Rule 10b5-1 under the Securities Exchange Act of 1934 and the Company's policies with respect to insider sales. Rule 10b5-1 allows officers and directors of public companies, at a time when they are not aware of material nonpublic information, to adopt predetermined plans for selling shares of company stock.

Pursuant to the 10b5-1 plans, the two executives are exercising stock options and immediately selling the shares of Actuant stock because the underlying options were granted at or prior to March 2001 and have ten year terms. Per the 10b5-1 plans, Mr. Goldstein will exercise stock options and sell up to 48,000 shares and Mr. Boel will exercise stock options and sell up to 12,000 shares. The transactions may take place from time-to-time after June 22, 2010, subject to certain 10b5-1 plan criteria, including certain minimum price levels and daily volume activity. The stock is being sold for personal financial planning purposes including portfolio diversification as a large portion of each executive's net worth is in the form of Actuant stock.

The executives are, and will continue to be, in compliance with Actuant's officer stock ownership guidelines. Following execution of the exercise and sale, Mssrs. Goldstein and Boel will beneficially own 338,571 shares and 106,724 shares, respectively of Actuant stock. Shares are deemed to be beneficially owned by any person who has the power to vote or direct the vote or the power to dispose or direct the disposition of such shares, or who has the right to acquire beneficial ownership thereof within 60 days.

About Actuant Corporation

Actuant Corporation is a diversified industrial company with operations in more than 30 countries. The Actuant businesses are leaders in a broad array of niche markets including branded hydraulic and electrical tools and supplies; specialized products and services for energy related industries and highly engineered position and motion control systems. The Company was founded in 1910 and is headquartered in Butler, Wisconsin. Actuant trades on the NYSE under the symbol ATU. For further information on Actuant and its businesses, visit the Company's website at www.actuant.com.

    Source: Actuant Corporation

Released June 23, 2010