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

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
BARTHOLDSON JOHN R
   2. Issuer Name and Ticker or Trading Symbol
TRIUMPH GROUP INC / [TGI] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Sr. VP, CFO, and Treasurer
(Last)
(First)
(Middle)
1550 LIBERTY RIDGE, SUITE 100		 3. Date of Earliest Transaction (Month/Day/Year)
01/31/2007
(Street)

WAYNE, PA 19087		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(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 Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/31/2007   M   3,784 A $ 26.44 113,390 D  
Common Stock 01/31/2007   S   3,784 D $ 56.13 109,606 D  
Common Stock 01/31/2007   M   8,580 A $ 32.83 118,186 D  
Common Stock 01/31/2007   S   8,580 D $ 56.13 109,606 D  
Common Stock 01/31/2007   M   17,636 A $ 38.35 127,242 D  
Common Stock 01/31/2007   S   17,636 D $ 56.13 109,606 D  
Common Stock 02/01/2007   M   2,364 A $ 38.35 111,970 D  
Common Stock 02/01/2007   S   2,364 D $ 56.32 109,606 D  
Common Stock 02/01/2007   M   17,636 A $ 43.13 127,242 D  
Common Stock 02/01/2007   S   17,636 D $ 56.32 109,606 D  

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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 Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 26.44 01/31/2007   M     3,784   (1) 04/16/2009 Common Stock 3,784 $ 26.44 3,784 D  
Employee Stock Option (Right to Buy) $ 32.83 01/31/2007   M     8,580   (2) 11/12/2013 Common Shares 8,580 $ 32.83 8,580 D  
Employee Stock Option (Right to Buy) $ 38.35 01/31/2007   M     17,636   (3) 04/20/2011 Common Stock 17,636 $ 38.35 17,636 D  
Employee Sotck Option (right to buy) $ 38.35 02/01/2007   M     2,364   (3) 04/20/2011 Common Stock 2,364 $ 38.35 2,364 D  
Employee Stock Option (right to buy) $ 43.13 02/01/2007   M     17,636   (4) 04/17/2008 Common Stock 17,636 $ 43.13 17,636 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BARTHOLDSON JOHN R
1550 LIBERTY RIDGE
SUITE 100
WAYNE, PA 19087		   X     Sr. VP, CFO, and Treasurer  

Signatures

 John B. Wright, II, Power of Attorney for John R. Bartholdson   02/02/2007
**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) The option vested in four equal installments on April 16, 2000, 2001, 2002 and 2003.
(2) The options vested in two installment: the first vesting was on November 11, 2004 and the remaining options were vested by the Board of Directors of Triumph Group, Inc. on May 12, 2005.
(3) The options vested in four equal installment on April 20, 2002, 2003, 2004 and 2005.
(4) The option vested in four equal installment on April 19, 1999, 2000, 2001 and 2002.

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