Summary Compensation Table

Name and Principal Position		Year		Salary			Option Awards¹			Non-Equity Incentive Plan Compensation²			Change in Pension Value and Nonqualified Deferred Compensation Earnings³			All Other Compensation⁴	Total
Garry O. Ridge	2007	$	535,500		$	158,124	$	286,634	$	70,032	$	55,491		$	1,105,781
President and Chief	2006		510,000			150,600		319,400		30,151		52,024			1,062,175
Executive Officer	2005		484,000			167,495		93,000		18,924		50,635			814,054
Michael J. Irwin	2007	$	266,500		$	62,630	$	85,520	$	33,248	$	54,669		$	502,567
Executive Vice President	2006		251,000			63,650		94,300		11,558		54,576			475,084
and Chief Financial Officer	2005		239,000			65,693		27,500		14,370		49,521			396,084
Graham P. Milner	2007	$	238,700		$	60,264	$	49,383	$	33,147	$	53,035		$	434,529
Executive Vice President,	2006		227,100			61,282		87,700		12,998		52,142			441,222
Global Development and	2005		216,200			63,720		20,000		16,162		50,001			366,083
Chief Branding Officer
Michael L. Freeman	2007	$	266,500		$	53,164	$	52,020	$	57,822	$	52,911		$	482,417
Division President, the	2006		242,600			54,182		93,700		17,576		53,136			461,194
Americas	2005		228,900			57,804		20,600		9,667		51,244			368,215
William B. Noble	2007⁵	$	334,900		$	64,997	$	106,830	$	80,704	$	92,154		$	679,585
Managing Director Europe	2006⁶		307,000			66,016		118,200		29,408		72,573			593,197
WD-40 Company (UK) Ltd.	2005⁷		288,700			67,665		29,700		62,208		78,803			527,076

1 Option Awards are reported as the dollar amount recognized for financial statement reporting purposes for each fiscal year (including proforma reporting for fiscal year 2005) in accordance with FAS 123R. The assumptions made for purposes of such valuations are set forth in Note 10, Stock Based Compensation, to the Company’s financial statements included in the Company’s annual report on Form 10-K filed on October 25, 2007, which assumptions are incorporated herein by this reference.

2 Amounts reported as Non-Equity Incentive Plan Compensation represent incentive bonus payouts under the Company’s Performance Incentive program as described in the narrative preceding the Summary Compensation Table and in the Compensation Discussion and Analysis section of this proxy statement. Threshold, target and maximum payouts for each of the NEOs for fiscal year 2007 are set forth in the Grants of Plan-Based Awards table on page 23 of this proxy statement.

3 Amounts reported as Change in Pension Value and Nonqualified Deferred Compensation Earnings represent the fiscal year-to-year change in the actuarial present value of the Company’s liability with respect to Supplemental Retirement Benefit Plan agreements entered into between the Company and each NEO as more fully discussed on page 25 of this proxy statement. Such actuarial present values were determined using a weighted-average discount rate of 6.5% and a weighted-average rate of compensation increase of 4%. No adjustment to the calculations has been included to account for the probability that no payment obligation will be incurred unless the NEO continues employment with the Company until retirement after reaching age 65.

4 All Other Compensation for each of the NEOs includes, among other nominal cost benefits, employer profit sharing and matching contributions to the Company’s 401(k) Profit Sharing Plan for each NEO other than Mr. Noble and a U.K. retirement benefit for Mr. Noble and vehicle allowance costs which include lease or depreciation expense, fuel, maintenance and insurance costs. For fiscal year 2007, the profit sharing and matching contributions for each of the NEOs other than Mr. Noble was $37,222 and Mr. Noble’s retirement benefit cost was $69,154. The vehicle allowance costs for each NEO for fiscal year 2007 were as follows: Mr. Ridge —$17,328; Mr. Irwin — $16,890; Mr. Milner — $15,115; Mr. Freeman — $14,927; and Mr. Noble — $19,844.

5 Mr. Noble’s Salary, Non-Equity Incentive Plan Compensation and All Other Compensation have been converted from pounds sterling at an average annual exchange rate for fiscal year 2007 of $1.9603 per pound.

6 Mr. Noble’s Salary, Non-Equity Incentive Plan Compensation and All Other Compensation have been converted from pounds sterling at an average annual exchange rate for fiscal year 2006 of $1.8685 per pound.

7 Mr. Noble’s Salary, Non-Equity Incentive Plan Compensation and All Other Compensation have been converted from pounds sterling at an average annual exchange rate for fiscal year 2005 of $1.80 per pound.

In addition to base salary and the Performance Incentive bonus, for fiscal year 2007 the executive officers received stock options to acquire shares of the Company’s common stock. Information concerning the award of stock options to the executive officers is provided in the Grants of Stock-Based Awards table below. The table also contains information with respect to the Performance Incentive bonus payouts awarded for fiscal year 2007 as described in the narrative preceding the Summary Compensation Table above. Stock options granted to the NEOs in fiscal year 2007 may be exercised for cash or in lieu of cash, an option holder may tender shares of the Company’s common stock previously held by the option holder. In permitting the exchange of stock upon exercise of options, the 1990 Incentive Stock Option Plan restricts the exercise of options with previously owned stock to shares held for a minimum of six months.

The following table provides threshold, target and maximum payout information relating to the Company’s fiscal year 2007 Performance Incentive program and information relating to the awards of stock options for the Named Executive Officers.