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 *
SLIPSAGER HENRIK C
   2. Issuer Name and Ticker or Trading Symbol
ABM INDUSTRIES INC /DE/ [ABM] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President & CEO
(Last)
(First)
(Middle)
551 FIFTH AVENUE, SUITE 300		 3. Date of Earliest Transaction (Month/Day/Year)
03/12/2008
(Street)

NEW YORK CITY, NY 10176		 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 03/12/2008   M(1)   17,259 A $ 18.297 117,983 (2) D  
Common Stock 03/12/2008   S   159 D $ 20.76 117,824 D  
Common Stock 03/12/2008   S   200 D $ 20.74 117,624 D  
Common Stock 03/12/2008   S   600 D $ 20.71 117,024 D  
Common Stock 03/12/2008   S   200 D $ 20.73 116,824 D  
Common Stock 03/12/2008   S   400 D $ 20.72 116,424 D  
Common Stock 03/12/2008   S   9,900 D $ 20.7 106,524 D  
Common Stock 03/12/2008   S   400 D $ 20.67 106,124 D  
Common Stock 03/12/2008   S   200 D $ 20.66 105,924 D  
Common Stock 03/12/2008   S   5,200 D $ 20.65 100,724 (2) D  
Common Stock 03/12/2008   M(1)   710 A $ 18.297 101,434 (2) 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
Stock Options $ 18.297 03/12/2008   M     17,259   (3) 03/17/2008 Common Stock 17,259 $ 0 0 D  
Stock Options $ 18.297 03/12/2008   M     710   (4) 03/17/2008 Common Stock 710 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SLIPSAGER HENRIK C
551 FIFTH AVENUE
SUITE 300
NEW YORK CITY, NY 10176		   X     President & CEO  

Signatures

 Henrik C. Slipsager   03/14/2008
**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 term of the exercised options would have expired on March 17, 2008, ten years from the date of grant. Mr. Slipsager is exercising expiring options and selling shares sufficient to pay the exercise price, payroll taxes, and brokerage commissions.
(2) Includes 41,222 DERs
(3) Price-Vested Performance Stock Options that vested during the first four years at a rate tied to the price of ABM's common stock, 25% at each of $12.50, $15.00, $17.50, and $20.00
(4) 20% exercisable on 3/17/1999 and 20% on the anniversary date of each of the following 4 years.

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