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Grainger Shareholders Elect Directors; Other Shareholder Meeting Highlights

CHICAGO, April 26 /PRNewswire-FirstCall/ -- At the 39th Annual Meeting of W.W. Grainger, Inc., the company's shareholders elected thirteen directors to the board. Standing for election for the first time were V. Ann Hailey, Executive Vice President of Limited Brands, Inc., Stuart L. Levenick, Group President of Caterpillar Inc. and Michael J. Roberts, President and Chief Operating Officer of McDonald's Corporation.

    The directors for 2006-2007 are:

    Brian P. Anderson           Richard L. Keyser         Gary L. Rogers
    Retired Chief Financial     Chairman of the Board     Former Vice Chairman
    Officer                     and                       General Electric
    OfficeMax Incorporated      Chief Executive Officer   Company
    and                         W.W. Grainger, Inc.
    Baxter International, Inc.

    Wilbur H. Gantz             Stuart L. Levenick        James D. Slavik
    Executive Chairman          Group President           Chairman
    Ovation Pharmaceuticals,    Caterpillar Inc.          Mark IV Capital,
    Inc.                                                  Inc.

    David W. Grainger           John W. McCarter, Jr.     Harold B. Smith
    Senior Chairman of the      President and             Chairman of the
    Board                       Chief Executive Officer   Executive Committee
    W.W. Grainger, Inc.         The Field Museum of       Illinois Tool Works
                                Natural History           Inc.

    V. Ann Hailey               Neil S. Novich
    Executive Vice President    Chairman, President and
    Limited Brands, Inc.        Chief Executive Officer
                                Ryerson Inc.

    William K. Hall             Michael J. Roberts
    Co-founder and Chairman     President and Chief
    Procyon Technologies, Inc.  Operating Officer
                                McDonald's Corporation

Shareholders also ratified the appointment of Ernst & Young LLP as independent auditors for the year ending December 31, 2006.

Richard L. Keyser, Grainger's Chairman and Chief Executive Officer, provided an update at the meeting on the company's key initiatives, including progress on the SAP implementation, market expansion and product line expansion. In his address, Mr. Keyser reiterated the company's projected earnings per share guidance of $4.00 to $4.15 for 2006. The text and slides from this presentation are available on the Investor Relations section of the company's Web site, .

W.W. Grainger, Inc. (NYSE: GWW), with 2005 sales of $5.5 billion, is the leading broad line supplier of facilities maintenance products serving businesses and institutions throughout North America. Through a highly integrated network including nearly 600 branches, 18 distribution centers and multiple Web sites, Grainger's employees help customers get the job done, saving them time and money by having the right products to keep their facilities running.

Forward-Looking Statements

This document contains forward-looking statements under the federal securities laws. The forward-looking statements relate to the company's expected future financial results and business plans, strategies and objectives and are not historical facts. They are generally identified by qualifiers such as "estimated," "expectations," "projected," "earnings per share guidance" or similar expressions. There are risks and uncertainties the outcome of which could cause the company's results to differ materially from what is projected. The forward-looking statements should be read in conjunction with the company's most recent annual report, as well as the company's Form 10-K and other reports filed with the Securities & Exchange Commission, containing a discussion of the company's business and of various factors that may affect it.

William D. Chapman
Director, Investor Relations

Robb M. Kristopher
Manager, External Communications
Both of W.W. Grainger, Inc.

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