Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
HILLENBRAND W AUGUST
2. Issuer Name and Ticker or Trading Symbol
HILLENBRAND INDUSTRIES INC [HB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)

1069 STATE ROUTE 46E
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
09/30/2007
(Street)


BATESVILLE, IN 47006
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock 01/09/2007   G 1,800 D $ (1) 328,090 (3) D  
Common Stock 01/10/2007   G 209 D $ (1) 328,090 (3) D  
Common Stock             185,254 (4) I By GRATs (2)
Common Stock             48,394 (4) I By Spouse's GRAT (2)
Common Stock             71,771 (3) I By Family LLC (2)
Common Stock             7,423 I 2003 Option GRAT (2)
Common Stock             954,520 (5) I By Trusts (2)
Common Stock             0 (6) I By Limited Partnership
Common Stock             154,584 I By Spouse as Co-Trustee (2)
Common Stock             442,000 I Co-Trustee (2)
Common Stock             37,407 I By Trusts for Grandchildren (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HILLENBRAND W AUGUST
1069 STATE ROUTE 46E
BATESVILLE, IN 47006
  X      

Signatures

W August Hillenbraned 11/13/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Price - Not Applicable.
(2) The reporting person disclaims beneficial ownership of these securities.
(3) This amount reflects distributions of shares of common stock from a limited liability company to the Reporting Person. Each such distribution qualifies as only a change in the form of the Reporting Person's beneficial ownership and, as such, has not been previously reported.
(4) This amount reflects transfers of limited liability company interests to and distributions of limited liability company interests from GRATs of which the Reporting Person (or the Reporting Person's spouse) is the trustee. Each transfer or distribution of limited liability company interests to or from the GRATs qualifies as only a change in the form of the Reporting Person's beneficial ownership and, as such, has not been previously reported.
(5) This amount excludes shares previously reported by the Reporting Person but that are no longer beneficially owned by the Reporting Person as a result of either (a) the partition of a trust or (b) the Reporting Person's ceasing to serve as trustee of a trust.
(6) Shares held by a limited partnership previously reported by the Reporting Person are no longer being reported, as it has been determined that the Reporting Person does not benefiially own the shares held by the limited partnership.

Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

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