Graco Inc. Watch

from 10-K 3 pages Description of the Registrant’s Securities Registered Pursuant to Section 12 of the Securities Exchange Act of 1934

from 8-A12B/A 2 pages Amendment to Rights Agreement

from 10-Q 1 page [Logo] May 23, 2007 Graco Inc. 88 11th Avenue Northwest Minneapolis Mn 55413 Attention: Janel W. French Re: Promissory Note From Graco Inc. ("Borrower") to Wachovia Bank, National Association ("Wachovia") in the Original Principal Amount of $25,000,000.00 Dated April 1, 2006, Including Any Amendments (The "Note"). Obligor # 000004151380481 Obligation # 000000000000265 Dear Janel: Wachovia Has Agreed to Extend the Term of the Note, Which Will Mature or Has Matured on May 31, 2007. Accordingly, This Letter Shall Constitute Wachovia’s Agreement and Formal Notice to You, as Follows

from S-8 ~20 pages Graco Deferred Compensation Plan (2005 Statement) Graco Deferred Compensation Plan

from 10-Q ~5 pages Amended and Restated Confirmation

from 10-Q >50 pages Cr Agmt Between Co & US Bank Ntl Assoc.