FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  KOBYLINSKI BRIAN
 2. Date of Event Requiring Statement (Month/Day/Year)
01/15/2008		 3. Issuer Name and Ticker or Trading Symbol
ACTUANT CORP [ATU]
(Last)
(First)
(Middle)
6100 NORTH BAKER ROAD		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

MILWAUKEE, WI 53209		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Common Stock 104,850 (1)
D
 
Class A Common Stock 11,681
I
By 401(k) (2)
Class A Common Stock 693
I
By Deferred Compensation Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) (3) 08/09/2005 08/09/2010 Class A Common Stock 21,800 $ 4.65 D  
Employee Stock Option (right to buy)   (4) 10/24/2011 Class A Common Stock 28,000 $ 6.57 D  
Employee Stock Option (right to buy)   (5) 01/13/2013 Class A Common Stock 20,000 $ 11.97 D  
Employee Stock Option (right to buy)   (6) 10/21/2013 Class A Common Stock 16,000 $ 15.91 D  
Employee Stock Option (right to buy)   (7) 04/29/2014 Class A Common Stock 4,000 $ 17.12 D  
Employee Stock Option (right to buy)   (8) 10/27/2014 Class A Common Stock 14,000 $ 20.05 D  
Employee Stock Option (right to buy)   (9) 01/12/2016 Class A Common Stock 13,000 $ 28.11 D  
Employee Stock Option (right to buy) (10) 07/06/2011 07/06/2016 Class A Common Stock 5,152 $ 24.77 D  
Employee Stock Option (right to buy)   (11) 01/16/2017 Class A Common Stock 18,000 $ 23.64 D  
Employee Stock Option (right to buy)   (12) 01/14/2018 Class A Common Stock 32,000 $ 28.36 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
KOBYLINSKI BRIAN
6100 NORTH BAKER ROAD
MILWAUKEE, WI 53209		       Executive Vice President  

Signatures

Eric Orsic, as Attorney-in-Fact 01/25/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes 4,450 shares of restricted stock granted under the Actuant Corporation 2002 Stock Plan. One hundred percent of the restricted stock becomes vested on 08/04/2008.
(2) Best estimate of shares held pursuant to the Actuant 401(k) Plan.
(3) Options granted under the Actuant Corporation 1996 Stock Plan.
(4) Fifty percent of the option became exercisable on 10/24/2003, and the balance on 10/24/2006. Options granted under the Actuant Corporation 2001 Stock Plan.
(5) Fifty percent of the option became exercisable on 01/13/2005, and the balance on 01/13/2008. Options granted under the Actuant Corporation 2002 Stock Plan.
(6) Fifty percent of the option became exercisable on 10/21/2005, and the balance on 10/21/2008. Options granted under the Actuant Corporation 2002 Stock Plan.
(7) Fifty percent of the option became exercisable on 04/29/2006, and the balance on 04/29/2009. Options granted under the Actuant Corporation 2001 Stock Plan.
(8) Fifty percent of the option became exercisable on 10/27/2006, and the balance on 10/27/2009. Options granted under the Actuant Corporation 2002 Stock Plan.
(9) Fifty percent of the option becomes exercisable on 01/12/2009 and the balance on 01/12/2011. Options granted under the Actuant Corporation 2001 Stock Plan.
(10) Options granted under the Actuant Corporation 2002 Stock Plan.
(11) Fifty percent of the option becomes exercisable on 01/16/2010, and the balance on 01/16/2012. Options granted under the Actuant Corporation 2002 Stock Plan.
(12) Fifty percent of the option becomes exercisable on 01/14/2011, and the balance on 01/14/2013. Options granted under the Actuant Corporation 2002 Stock Plan.

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