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<p style=' margin-bottom:0pt; margin-top:16pt;text-align:center;'><b><font size="2">UNITED
  STATES </font></b></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size="2">SECURITIES
  AND EXCHANGE COMMISSION</font></b></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Washington, D.C. 20549</font></b></p>
<p style=' margin-bottom:0pt; margin-top:12pt;text-align:center;'><b><font SIZE=4>FORM 8-K</font></b></p>
<p style=' margin-bottom:0pt; margin-top:12pt;text-align:center;'><b><font SIZE=2>CURRENT REPORT</font></b></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</font></b></p>
<p style=' margin-bottom:0pt; margin-top:12pt;text-align:center;'><b><font size=2>Date of Report (Date of Earliest Event Reported): June 1, 2006</font></b></p>
<p style=' margin-bottom:0pt; margin-top:34pt;text-align:center;'><b><font SIZE=5>PALL CORPORATION</font></b></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(Exact name of registrant as specified in its charter)</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>
<table cellspacing=0 cellpadding=0 width="100%">
  <tr>
    <td align=center valign=top width="33%">
      <div align="left"><b><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New
        York</font></b><br>
        <font size=2>(State or other jurisdiction</font><br>
        <font size=2> of incorporation)</font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      </div>
    </td>
    <td align=center valign=top width="33%"><b><font size=2>1- 4311</font></b><br>
      <font size=2>(Commission file number)</font><br>
      <br>
    </td>
    <td align=left valign=top width="10%"> </td>
    <td align=left valign=top width="22%">
      <div align="left"><b><font size=2>11-1541330</font></b><br>
        <font size=2>(I.R.S. Employer</font><br>
        <font size="2">Identification No.)</font><br>
      </div>
    </td>
  </tr>
</table>
<table cellspacing=0 cellpadding=0 width="100%">
  <tr>
    <td align=center valign=top width="33%"><font size=2>&nbsp;</font><br>
    </td>
    <td align=center valign=top width="33%"><br>
    </td>
    <td align=center valign=top width="33%"><br>
    </td>
  </tr>
</table>
<table cellspacing=0 cellpadding=0 width="100%">
  <tr>
    <td align=center valign=top width="33%">
      <div align="left"><b><font size=2>2200 Northern Boulevard, East Hills, NY</font></b><br>
        <font size=2>(Address of principal executive offices)</font><br>
      </div>
    </td>
    <td align=center width="33%">&nbsp;</td>
    <td align=center valign=top width="10%"></td>
    <td align=center valign=top width="22%">
      <div align="left"><b><font size=2>11548</font></b><br>
        <font size=2>(Zip Code)</font></div>
    </td>
  </tr>
</table>
<p style=' margin-bottom:0pt; margin-top:12pt;text-align:center;'><b><font size=2>(516) 484-5400</font></b></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(Registrant&#146;s telephone number, including area code)</font></p>
<p style=' margin-bottom:0pt; margin-top:12pt;text-align:center;'><b><font size=2>Not Applicable</font></b></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(Former name or former address, if changed since last report)</font></p>
<p style=' margin-bottom:0pt; margin-top:28pt;text-align:left;'><font size=2>Check
  the appropriate box below if the Form 8-K filing is intended to simultaneously
  satisfy the filing obligation of the registrant under any of the following provisions
  (see General Instruction A.2. below): </font></p>
<p style=' margin-bottom:0pt; margin-top:8pt; margin-left:0.36in;text-align:left;'><img src="emptybox.gif" width="12" height="12"><font size=2>
  Written communications pursuant to Rule 425 under the Securities Act (17 CFR
  230.425) </font></p>
<p style=' margin-bottom:0pt; margin-top:8pt; margin-left:0.36in;text-align:left;'><img src="emptybox.gif" width="12" height="12"><font size=2>
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  </font></p>
<p style=' margin-bottom:0pt; margin-top:8pt; margin-left:0.36in;text-align:left;'><img src="emptybox.gif" width="12" height="12"><font size=2>
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
  Act (17 CFR 240.14d-2(b)) </font></p>
<p style=' margin-bottom:0pt; margin-top:8pt; margin-left:0.36in;text-align:left;'><img src="emptybox.gif" width="12" height="12"><font size=2>
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
  Act (17 CFR 240.13e-4(c)) </font></p>

<p align="center"><Font size="2" face="serif">&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:16pt; text-align:left;'><u><b><font size=2>ITEM 2.02&nbsp;&nbsp;&nbsp;Results of Operations and Financial Condition.</font></b></u></p>
<p style=' margin-bottom:0pt; margin-top:8pt; text-indent:0.36in;text-align:justify;'><font size=2>On June 1, 2006, Pall Corporation (the &#147;Registrant&#148;) released its results of operations for its fiscal third quarter ended April 30, 2006. A copy of the press release issued by the Registrant is furnished herewith as Exhibit 99 to this report.</font></p>
<p style=' margin-bottom:0pt; margin-top:8pt; text-indent:0.36in;text-align:justify;'><font size=2>The
    information contained in this Item 2.02 and in the accompanying exhibit shall
    not be deemed to be filed for purposes of Section 18 of the Securities Exchange
    Act of
    1934, as amended, or otherwise subject to the liabilities of that section
    or Sections 11 and 12(a) (2) of the Securities Act of 1933, as amended, or
    incorporated by reference into any filing of the registrant unless the registrant
specifically states that the information is to be considered &#147;filed&#148; under
the Securities Exchange Act of 1934 or incorporates it by reference into a filing
under the Securities Act of 1933 or the Securities Exchange Act of 1934.</font></p>
<p align="left"><font size="2" face="serif"><b><u>ITEM 2.05&nbsp;&nbsp;&nbsp;Costs Associated
        with Exit or Disposal Activities.</u></b></font></p>
<table width="100%" cellspacing="0" cellpadding="0" border="0">
  <tr valign="top">

    <td width="8%" align="right"> <font size="2" face="serif">(a)</font></td>
    <td width="2%">&nbsp;</td>
    <td> <font size="2" face="serif">On June 1, 2006, the Registrant announced
        a facilities rationalization program (the &#8220;Program&#8221;), under
        which the Registrant will reduce its footprint by approximately 1.2 million
        square feet, or over 20%, and will include up to twelve facilities. In
        connection with the reduction in facilities, global manufacturing headcount
        will be reduced by approximately 10%. The Company expects to be substantially
        complete with the Program by the end of fiscal year 2008.</font></td>
  </tr>
  <tr valign="top">

    <td align="right"> <font size="2" face="serif">(b)</font></td>
    <td>&nbsp;</td>
    <td> <font size="2" face="serif">The Registrant&#8217;s preliminary estimate
        of severance and other employee-related costs associated with the global
        manufacturing headcount reduction is approximately $35 million. Non-employee
        exit costs, such as impairment and accelerated depreciation charges,
        associated with the Program are estimated to be approximately $20-$25 million.</font></td>
  </tr>
  <tr valign="top">

    <td align="right"> <font size="2" face="serif">(c)</font></td>
    <td>&nbsp;</td>
    <td> <font size="2" face="serif">The Registrant&#8217;s estimate of costs
        to be incurred for the Program are expected to be approximately $55-$60
        million.</font></td>
  </tr>
  <tr valign="top">

    <td align="right"> <font size="2" face="serif">(d)</font></td>
    <td>&nbsp;</td>
    <td> <font size="2" face="serif">The Registrant&#8217;s estimate of the costs
        to be incurred for the Program that will result in future cash expenditures
        is approximately $35 million.</font></td>
  </tr>
</table>
<p style=' margin-bottom:0pt; margin-top:12pt; text-align:left;'><u><b><font size=2>ITEM
  9.01 Financial Statements and Exhibits.</font></b></u></p>
<br>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="8%" align="right"><font size=2>(d)</font></td>
    <td width="2%" align="right">&nbsp;</td>
    <td colspan="2"><font size=2>Exhibits.</font></td>
  </tr>
  <tr>
    <td align="right">&nbsp;</td>
    <td align="right">&nbsp;</td>
    <td width="4%">&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td align="right">&nbsp;</td>
    <td align="right">&nbsp;</td>
    <td valign="top"><font size=2>99</font></td>
    <td valign="top"><font size=2>Press Release, dated June 1, 2006, reporting the results
        of operations of Pall Corporation for its fiscal third quarter ended
    April 30, 2006.</font></td>
  </tr>
</table>




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<p style=' margin-bottom:0pt; margin-top:16pt;text-align:center;'><b><font SIZE=2>SIGNATURES</font></b></p>
<p style=' margin-bottom:0pt; margin-top:8pt;text-align:justify;'><font size=2>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse;'> <tr>
        <td width="47%" valign=bottom >
            <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
        <td width="2%" valign=bottom >
            <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
        <td width="50%" valign=bottom >
            <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:8pt;margin-bottom:0pt;'><font size=2>Pall Corporation</font></p> </td> </tr> <tr>
        <td width="47%" valign=bottom >
            <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
        <td width="2%" valign=bottom >
            <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
        <td width="50%" valign=bottom >
            <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td> </tr> <tr>
        <td width="47%" valign=bottom >
            <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
        <td width="2%" valign=bottom >
            <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:8pt;margin-bottom:0pt;'><font size=2>/s/</font></p> </td>
        <td width="50%" valign=bottom >
            <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:8pt;margin-bottom:0pt;'><u><font SIZE=2>LISA MCDERMOTT</font></u></p> </td> </tr> <tr>
        <td width="47%" valign=bottom >
            <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font size=2>June 7, 2006</font></p> </td>
        <td width="2%" valign=bottom >
            <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
        <td width="50%" valign=bottom >
            <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font size=2>Lisa McDermott</font></p> </td> </tr> <tr>
        <td width="47%" valign=bottom >
            <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
        <td width="2%" valign=bottom >
            <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
        <td width="50%" valign=bottom >
            <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font size=2>Chief Financial Officer</font></p> </td> </tr> <tr>
        <td width="47%" valign=bottom >
            <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
        <td width="2%" valign=bottom >
            <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>
        <td width="50%" valign=bottom >
            <p style='margin-left:17.3pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font size=2>and Treasurer</font></p> </td> </tr></table>



<p align="center"><Font size="2" face="serif">3</font></p>
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<p style=' margin-bottom:0pt; margin-top:16pt;text-align:center;'><b><font SIZE=2>INDEX TO EXHIBITS</font></b></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<table border="0" cellspacing=0 cellpadding=0 style=' border-collapse:collapse;' width="100%">
  <tr>
    <td valign=bottom >
      <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><b><font size=2>Exhibit<br>
        <u>Number</u></font></b></p>
    </td>
    <td width="6%" valign=bottom >
      <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'>&nbsp;<b><u></u></b></p>
    </td>
    <td valign=bottom >
      <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><u><b><font size=2>Description</font></b></u><b><u></u></b></p>
    </td>
  </tr>
  <tr>
    <td width="4%" valign=bottom >
      <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'>&nbsp;<b><u></u></b></p>
    </td>
    <td valign=bottom >
      <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'>&nbsp;<b><u></u></b></p>
    </td>
    <td valign=bottom >
      <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td valign=top >
      <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:right;margin-top:2pt;margin-bottom:0pt;'><font size=2>99&nbsp;</font><b><u></u></b></p>
    </td>
    <td valign=bottom >
      <p style='margin-left:8.65pt;text-indent:-8.65pt;text-align:right;margin-top:2pt;margin-bottom:0pt;'>&nbsp;<b><u></u></b></p>
    </td>
    <td valign=top >
      <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:2pt;margin-bottom:0pt;'><font size=2>Press
        Release, dated June 1, 2006, reporting the results of operations of Pall
        Corporation for its fiscal third quarter ended April 30, 2006.</font></p>
    </td>
  </tr>
</table>


<p align="center"><Font size="2" face="serif">4</font></p>
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{"company-data": {"conformed-name": "PALL CORP", "cik": "0000075829", "assigned-sic": "3569", "irs-number": "111541330", "state-of-incorporation": "NY", "fiscal-year-end": "0705"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-04311", "film-number": "06892179"}, "business-address": {"street1": "2200 NORTHERN BLVD", "city": "EAST HILLS", "state": "NY", "zip": "11548", "phone": "5164845400"}, "mail-address": {"street1": "2200 NORTHERN BLVD", "city": "EAST HILLS", "state": "NY", "zip": "11548"}}
Prepared and Filed by St Ives Financial
UNITED
  STATES
SECURITIES
  AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): June 1, 2006
PALL CORPORATION
(Exact name of registrant as specified in its charter)
New
        York
(State or other jurisdiction
of incorporation)
1- 4311
(Commission file number)
11-1541330
(I.R.S. Employer
Identification No.)
2200 Northern Boulevard, East Hills, NY
(Address of principal executive offices)
11548
(Zip Code)
(516) 484-5400
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check
  the appropriate box below if the Form 8-K filing is intended to simultaneously
  satisfy the filing obligation of the registrant under any of the following provisions
  (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
  230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
  Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
  Act (17 CFR 240.13e-4(c))
ITEM 2.02   Results of Operations and Financial Condition.
On June 1, 2006, Pall Corporation (the "Registrant") released its results of operations for its fiscal third quarter ended April 30, 2006. A copy of the press release issued by the Registrant is furnished herewith as Exhibit 99 to this report.
The
    information contained in this Item 2.02 and in the accompanying exhibit shall
    not be deemed to be filed for purposes of Section 18 of the Securities Exchange
    Act of
    1934, as amended, or otherwise subject to the liabilities of that section
    or Sections 11 and 12(a) (2) of the Securities Act of 1933, as amended, or
    incorporated by reference into any filing of the registrant unless the registrant
specifically states that the information is to be considered "filed" under
the Securities Exchange Act of 1934 or incorporates it by reference into a filing
under the Securities Act of 1933 or the Securities Exchange Act of 1934.
ITEM 2.05   Costs Associated
        with Exit or Disposal Activities.
(a)
On June 1, 2006, the Registrant announced
        a facilities rationalization program (the "Program"), under
        which the Registrant will reduce its footprint by approximately 1.2 million
        square feet, or over 20%, and will include up to twelve facilities. In
        connection with the reduction in facilities, global manufacturing headcount
        will be reduced by approximately 10%. The Company expects to be substantially
        complete with the Program by the end of fiscal year 2008.
(b)
The Registrant's preliminary estimate
        of severance and other employee-related costs associated with the global
        manufacturing headcount reduction is approximately $35 million. Non-employee
        exit costs, such as impairment and accelerated depreciation charges,
        associated with the Program are estimated to be approximately $20-$25 million.
(c)
The Registrant's estimate of costs
        to be incurred for the Program are expected to be approximately $55-$60
        million.
(d)
The Registrant's estimate of the costs
        to be incurred for the Program that will result in future cash expenditures
        is approximately $35 million.
ITEM
  9.01 Financial Statements and Exhibits.
(d)
Exhibits.
99
Press Release, dated June 1, 2006, reporting the results
        of operations of Pall Corporation for its fiscal third quarter ended
    April 30, 2006.
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Pall Corporation
/s/
LISA MCDERMOTT
June 7, 2006
Lisa McDermott
Chief Financial Officer
and Treasurer
3
INDEX TO EXHIBITS
Exhibit
Number
Description
99
Press
        Release, dated June 1, 2006, reporting the results of operations of Pall
        Corporation for its fiscal third quarter ended April 30, 2006.
4