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THOR INDUSTRIES INC Director's Dealing 2007

Jan 3, 2007

30955_dirs_2007-01-03_86c6a13e-13e5-4831-a24d-583bcb1222a5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: THOR INDUSTRIES INC (THO)
CIK: 0000730263
Period of Report: 2006-12-14

Reporting Person: ORTHWEIN PETER BUSCH (Director, Vice Chairman)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-12-14 Common Stock G 299700 Disposed 1453050 Direct
2006-12-14 Common Stock G 299700 Acquired 299700 Indirect
2006-12-29 Common Stock G 300 Disposed 299700 Indirect
2006-12-29 Common Stock S 299400 $30.89 Disposed 299700 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 125000 Indirect
Common Stock 60050 Indirect
Common Stock 153150 Indirect
Common Stock 124000 Indirect
Common Stock 30000 Indirect
Common Stock 320000 Indirect

Footnotes

F1: The Reporting Person transferred these shares of the Issuer's common stock, par value $0.10 per share ("Shares") to PBO
Management LP, a limited partnership of which the Reporting Person was the sole limited partner and an entity controlled by
the Reporting Person's wife was the general partner.

F2: Represents a gift of limited partnership interests in PBO Management LP to the PBO-BMO Descendants Trust (the "PBO-BMO
Trust") of which the Reporting Person is the sole trustee and of which the Reporting Person's three youngest children are
beneficiaries. The Reporting Person continues to report beneficial ownership of the Shares held for the account of the
PBO-BMO Trust but disclaims beneficial ownership except to the extent of the pecuniary interest of the Reporting Person, his
wife and his three youngest children in the Trust.

F3: Represents a sale of limited partnership interests in PBO Management LP to the PBO-BMO Trust. The Reporting Person continues
to report beneficial ownership of the Shares held for the account of the PBO-BMO Trust but disclaims beneficial ownership
except to the extent of the pecuniary interest of the Reporting Person, his wife and his three youngest children in the
Trust.

F4: These Shares are held for the account of a charitable annuity trust (the "Charitable Trust") of which the Reporting Person
and his wife are trustees and of which the Reporting Person's three youngest children are beneficiaries. The Reporting
Person continues to report beneficial ownership of the Shares held for the account of the Charitable Trust but disclaims
beneficial ownership except to the extent of the pecuniary interest of the Reporting Person, his wife and his three youngest
children in the Charitable Trust.

F5: These Shares are held for the account of the Reporting Person's wife.

F6: These Shares are held for the account of the Reporting Person's wife as custodian for the Reporting Person's three youngest
children.

F7: These Shares are held for the account of Adolphus Busch Orthwein Trust (the "AB Trust") for the benefit of the Reporting
Person's children. The Reporting Person is one of the trustees of the AB Trust.

F8: These Shares are held for the account of a trust for the Reporting Person's half-brother. The Reporting Person is one of the
three trustees of this trust.

F9: These Shares are held for the account of the Orthwein Investment Group D, L.P. (the "Investment Group"). The Reporting
Person has a 0.51% limited partnership interest in the Investment Group and a 51% general partnership interest in the
Investment Group. The Reporting Person disclaims beneficial ownership of the Shares held for the account of the Investment
Group except to the extent of his pecuniary interest in such Shares.