8-K

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): September 20, 2005

DIEBOLD, INCORPORATED

(Exact name of registrant as specified in its charter)

Ohio	1-4879	34-0183970
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)
5995 Mayfair Road, P.O. Box 3077, North Canton, Ohio		44720-8077
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (330) 490-4000

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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

1

TABLE OF CONTENTS

	Item 1.02 Termination of a Material Definitive Agreement.
	Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of                   Principal Officers.
	Item 7.01 Regulation FD Disclosure
	Item 9.01 Financial Statements and Exhibits.
SIGNATURES
EXHIBIT INDEX
EX-99.1: PRESS RELEASE DATE 9/21/05 ANNOUNCES NEW CORPORATE
EX-99.2: PRESS RELEASE DATE 9/21/05 REDUCES 2005 THIRD QUARTER

Item 1.02 Termination of a Material Definitive Agreement.

     As discussed below in Item 5.02, the company announced today that Eric C. Evans, its President and Chief Operating Officer, and a member of its board of directors, is leaving the company. Mr. Evans has been employed by the company pursuant to a written, at-will employment agreement, the principal terms of which were previously set forth as Exhibit 10.21 to the Quarterly Report on Form 10-Q for the quarter ended March 31, 2004, filed with the Securities and Exchange Commission on May 7, 2004.

     The employment agreement provides for an initial term of two years, with automatic one-year renewals thereafter unless either party gives notice of non-renewal. The company provided Mr. Evans with a notice of non-renewal on September 20, 2005.

     Mr. Evans and the company have not yet agreed on the details of his separation from the company, however, the parties intend to enter into a definitive separation agreement at the earliest opportunity.

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of
                  Principal Officers.

     On September 21, 2005, the company issued a press release announcing a realignment of its corporate management structure in order to improve the company’s profitability and competitiveness. As a result of the realignment, the company announced that Eric C. Evans, its President and Chief Operating Officer, is leaving the company. Pursuant to the company’s Corporate Governance Guidelines, as a result of leaving the company, Mr. Evans is also required to submit his resignation as a member of the company’s board of directors. Effective immediately, Walden W. O’Dell, the company’s Chairman and Chief Executive Officer, will be assuming the role of President and Chief Operating Officer. A copy of the press release of Diebold, Incorporated, dated September 21, 2005, announcing the change is attached as Exhibit 99.1.

Item 7.01 Regulation FD Disclosure

     On September 21, 2005 Diebold, Incorporated also issued a press release entitled “Diebold Reduces 2005 Third Quarter and Year-End Earnings Outlook”. A copy of this press release is attached hereto as Exhibit 99.2 and is incorporated herein by reference.

     The information in this report shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section and shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.

Item 9.01 Financial Statements and Exhibits.

(c)     Exhibits

Exhibit No.	Exhibit Description
99.1	Press Release of Diebold, Incorporated, dated September 21, 2005, “Diebold Announces New Corporate Structure”
99.2	Press Release of Diebold, Incorporated, dated September 21, 2005, “Diebold Reduces 2005 Third Quarter and Year-End Earnings Outlook”

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.

		DIEBOLD, INCORPORATED
Date:	September 21, 2005	By:	/s/ Kevin J. Krakora
			Kevin J. Krakora
			Vice President, Corporate Controller and Acting Chief Financial Officer (Principal Accounting Officer)

EXHIBIT INDEX

Exhibit No.	Exhibit Description
99.1	Press Release of Diebold, Incorporated, dated September 21, 2005, “Diebold Announces New Corporate Structure”
99.2	Press Release of Diebold, Incorporated, dated September 21, 2005, “Diebold Reduces 2005 Third Quarter and Year-End Earnings Outlook”

3

EX-99.1

                                                                    EXHIBIT 99.1



CONTACTS:
Media Relations                             Investor Relations
Mike Jacobsen                               John Kristoff
(330) 490-3796                              (330) 490-5900
jacobsm1@diebold.com                        kristoj@diebold.com


FOR IMMEDIATE RELEASE:
September 21, 2005

DIEBOLD ANNOUNCES NEW CORPORATE STRUCTURE
COO Evans leaving company; Swidarski to lead new Global Financial Self-Service
business unit

         NORTH CANTON, Ohio -- Diebold, Incorporated (NYSE:DBD) today announced
a new corporate structure designed to improve profitability and improve the
company's competitiveness in key areas. Effective immediately, Walden W. O'Dell,
Diebold chairman and chief executive officer, is assuming the role of president
and chief operating officer and taking direct responsibility for the company's
global operations. Eric C. Evans, president and chief operating officer, is
leaving the company and has resigned from its board of directors.

         In addition, a new financial self-service business unit combining
product and software development, manufacturing, procurement and marketing will
be formed into a single global organization. The new business unit will be
headed by Thomas W. Swidarski, who assumes the title of senior vice president,
financial self-service group. Global manufacturing and engineering functions now
report to Swidarski in this new role.

         "Our recent financial performance has been unacceptable, and these
organizational changes are a major step toward improving our direction," said
Walden W. O'Dell, Diebold chairman and chief executive officer. "Given the
current challenging environment, I am assuming direct responsibility of the
company's operations, and I am personally committed to taking immediate action
to improve our performance. Our company has significant depth of leadership and
this new organizational alignment allows us to take swift action that puts us on
the right path. I wish to thank Eric Evans for his contributions to Diebold
during his time here and wish him well in his future endeavors."

         The new corporate structure is designed to better focus Diebold's
resources on the dynamic challenges and needs of the global financial
self-service marketplace. The objectives and key benefits of this change
include:

     o    An integrated approach to improving margins in the company's financial
          self-service business

     o    Closer integration of product and market strategies

                                     (more)



PAGE TWO / DIEBOLD ANNOUNCES NEW CORPORATE STRUCTURE

     o    Shared goals and aligned priorities to be more responsive to customer
          needs

     o    The ability to deliver new products to market more efficiently and
          cost effectively

     o    A comprehensive approach to improved customer satisfaction

         "These efforts better position Diebold for future growth, bringing
together all facets of our product and service families into seamless business
units," O'Dell added. "We believe this new organizational structure will enhance
our responsiveness to customer and market demands, increase our ability to
deliver innovative solutions to the industries we serve and, in turn, create
greater value for our shareholders."

         As a result of the new organization, each product and service line
within Diebold -- financial self-service, security and election systems -- is
now established as a global business unit. Sales and service operations for both
financial self-service and security will remain unchanged and continue to be
structured in two organizations focused on North America and International
markets. Each of these organizations will report to O'Dell. The global security
business unit, headed by Dennis Moriarty, will also report to O'Dell. Swidarski
will retain oversight responsibility of Diebold Election Systems (DES). However,
day-to-day management of this business will be handled by David Byrd, vice
president of operations for DES.

         Prior to joining Diebold, Swidarski held various positions within the
financial industry for nearly 20 years focusing on marketing, product
management, retail bank profitability, branding and retail distribution. He was
a senior executive at PNC Bank and several other leading financial institutions.
As president of Diebold Election Systems, Swidarski returned the subsidiary to
profitability by instituting effective operational improvements and helping the
company reach agreements within the past several months for election system
implementations in a number of states.

         NOTE TO EDITORS: Please refer to Diebold press release "Diebold Reduces
2005 Third Quarter and Year-End Earnings Outlook", also issued today, for
related information.

FORWARD-LOOKING STATEMENTS
         In this press release, statements that are not reported, financial
results or other historical information are "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements give current expectations or forecasts of future
events and are not guarantees of future performance. These forward-looking
statements relate to, among other things, the company's future operating
performance, the company's share of new and existing markets, the company's
short- and long-term revenue and earnings growth rates, and the company's
implementation of restructuring and other cost-reduction initiatives.

                                     (more)






PAGE THREE / DIEBOLD ANNOUNCES NEW CORPORATE STRUCTURE

         The use of the words "believes," "anticipates," "expects," "intends"
and similar expressions is intended to identify forward-looking statements that
have been made and may in the future be made by or on behalf of the company.
Although the company believes that these forward-looking statements are based
upon reasonable assumptions regarding, among other things, the economy, its
knowledge of its business, and on key performance indicators that impact the
company, these forward-looking statements involve risks, uncertainties and other
factors that may cause actual results to differ materially from those expressed
in or implied by the forward-looking statements. The company is not obligated to
update forward-looking statements, whether as a result of new information,
future events or otherwise.

         Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof. Some of the
risks, uncertainties and other factors that could cause actual results to differ
materially from those expressed in or implied by the forward-looking statements
include, but are not limited to:

o    competitive pressures, including pricing pressures and technological
     developments;

o    changes in the company's relationships with customers, suppliers,
     distributors and/or partners in its business ventures;

o    changes in political, economic or other factors such as commodity prices,
     currency exchange rates, inflation rates, recessionary or expansive trends,
     taxes and regulations and laws affecting the worldwide business in each of
     the company's operations, including Brazil, where a significant portion of
     the company's revenue is derived;

o    acceptance of the company's product and technology introductions in the
     marketplace;

o    unanticipated litigation, claims or assessments;

o    the company's ability to reduce costs and expenses and improve internal
     operating efficiencies;

o    variations in consumer demand for financial self-service technologies,
     products and services;

o    challenges raised about reliability and security of the company's election
     systems products, including the risk that such products will not be
     certified for use or will be decertified;

o    changes in laws regarding the company's election systems products and
     services;

o    potential security violations to the company's information technology
     systems;

o    the company's ability to achieve benefits from its restructuring and other
     cost-reduction initiatives; and

o    other factors affecting the company's business beyond its control,
     including, without limitation, the occurrence of natural disasters.

         Diebold, Incorporated is a global leader in providing integrated
self-service delivery and security systems and services. Diebold employs more
than 14,000 associates with representation in nearly 90 countries worldwide and
is headquartered in North Canton, Ohio, USA. Diebold reported revenue of $2.4
billion in 2004 and is publicly traded on the New York Stock Exchange under the
symbol `DBD.' For more information, visit the company's Web site at
www.diebold.com.

                                      ###

PR/xxxx

EX-99.2

                                                                    EXHIBIT 99.2




CONTACTS:
Media Relations                             Investor Relations
Mike Jacobsen                               John Kristoff
(330) 490-3796                              (330) 490-5900
jacobsm1@diebold.com                        kristoj@diebold.com


FOR IMMEDIATE RELEASE:
September 21, 2005

DIEBOLD REDUCES 2005 THIRD QUARTER AND YEAR-END EARNINGS OUTLOOK
North America revenue outlook below previous expectations; investor conference
call scheduled for today at 10:00 a.m. ET

         NORTH CANTON, Ohio -- Diebold, Incorporated (NYSE: DBD) today announced
it is lowering its third quarter and full-year earnings per share guidance for
2005.
         The company now anticipates third quarter EPS in the range of $.32 to
$.37, which includes restructuring charges of approximately $.07 per share
related to the continued realignment of its operations, manufacturing start-up
and other one-time costs of approximately $.04 per share, and the one-time gain
of approximately $.18 per share on the sale of the campus card systems business.
Excluding these items, EPS is expected to be in the range of $.25 to $.30*.
         Full-year EPS is now expected to be $1.90 to $2.00*. This range
excludes restructuring charges of approximately $.30 per share, manufacturing
start-up costs and other one-time costs of approximately $.08 per share, and the
one-time gain of approximately $.18 per share on the sale of the campus card
systems business. This revised earnings guidance compares to 2004 full-year
earnings per share of $2.53.

         Factors contributing to the lowered earnings expectations are:

          o    Overall North America financial self-service revenue outlook is
               lower than previously expected, resulting in lower profit
               expectations.

          o    Certain revenue anticipated from the company's North America
               business for the third quarter is being pushed out to future
               periods, partially impacted by the effect of Hurricane Katrina.

          o    Operational inefficiencies, rising fuel costs and pricing
               pressures are continuing to negatively impact gross margins.

          o    Higher effective tax rate of approximately 34 percent for the
               year.

         "I am extremely disappointed with our lack of progress in correcting
our operational inefficiencies, and I am personally committed to taking
immediate action to improve our effectiveness in these areas," said Walden W.
O'Dell, Diebold chairman and chief executive officer. "We are evaluating further
restructuring and other actions to improve our performance and competitiveness
beyond the current restructuring guidance. We will have more to report on all
these efforts during the coming months."

                                     (more)

*See accompanying notes for non-GAAP measures.




PAGE 2/ DIEBOLD REDUCES OUTLOOK

         Total financial self-service revenue is expected to be more than $50
million lower during the current quarter compared to previous expectations, with
most of the shortfall occurring in North America as the company experienced
continued market weakness in the more profitable regional bank segment. This
segment represents the majority of Diebold's North America automated teller
machine-related sales, with half of the company's global financial self-service
revenue derived from North America. The lowered revenue expectations are also a
result of customer delays and operational inefficiencies that were compounded by
Hurricane Katrina, which affected scheduled ATM deliveries, security
installations, service maintenance contracts and other near-term business
throughout the Gulf region.

         Additionally, the impact of Hurricane Katrina is negatively affecting
scheduled election systems deliveries in the Gulf region, resulting in
approximately $10 million in lower elections systems revenue during the quarter.
While management is still quantifying the overall impact of Hurricane Katrina,
the company anticipates overcoming some of the shortfall caused by the hurricane
in future periods as the affected regions begin to rebuild.

         Also, fuel prices have increased dramatically, resulting in
significantly higher costs in freight and service fleet operations. The company
is taking steps to overcome this continuing issue, including instituting a fuel
surcharge on certain services.

         "We continue to be adversely affected by significantly unfavorable
geographic revenue mix as the North America market for ATMs has weakened,
particularly among regional banks," added O'Dell. "In addition, we are
experiencing global supply chain and manufacturing inefficiencies and rising
commodity costs, which were exacerbated by Hurricane Katrina. In response, we
are instituting price increases in appropriate areas. Despite the recent
weakness in the North America ATM market, we remain confident that the markets
we serve remain healthy, and the actions we are taking will better position us
for 2006 and beyond."

         NOTE TO EDITORS: Please refer to Diebold press release "Diebold
Announces New Corporate Structure", also issued today, for related information.

NOTES FOR NON-GAAP MEASURES
     Reconciliation of GAAP EPS to non-GAAP measures:



                                                GUIDANCE Q3 2005             GUIDANCE FULL-YEAR 2005
                                             ---------------------           -----------------------
                                                                                
Total EPS (GAAP)                              $0.32          $0.37            $1.70         $1.80
Gain on Sale of Discontinued                 (0.18)         (0.18)           (0.18)        (0.18)
Operations
Restructuring Charges                          0.07           0.07             0.30          0.30
Other Special Items                            0.04           0.04             0.08          0.08
                                               ----           ----             ----          ----
Operating EPS (Non-GAAP)                      $0.25          $0.30            $1.90         $2.00
                                              =====          =====            =====         =====


         The company believes excluding these items provides meaningful insight
into the ongoing performance of its operations.

                                     (more)






PAGE 3/ DIEBOLD REDUCES OUTLOOK

         Investor call information
         A special investor conference call with Walden W. O'Dell, chairman and
chief executive officer, and Kevin J. Krakora, vice president, corporate
controller and acting chief financial officer, will be held today at 10 a.m.
(ET). This conference call will last approximately 30 minutes. Participants
should plan to dial in 15 minutes prior to the session. Details on the call are
as follows:



                          Call-in numbers              Passcode              Time/Date
                                                                    
Conference call           (913) 981-4904               3726640               10 a.m. (ET), 9/21/05
Call replay               (719) 457-0820               3726640               Begins: 1 p.m. (ET), 9/21/05
                                                                             Ends: 5 p.m. (ET), 9/28/05


         Also, Diebold will release third quarter financial results on October
26, before trading begins on the New York Stock Exchange. Walden W. O'Dell and
Kevin J. Krakora will discuss the results during a conference call scheduled to
begin at 10 a.m. (ET) that day. The conference call will last approximately one
hour. Participants should plan to dial in 15 minutes prior to the session.
Details on the call are as follows:



                          Call-in numbers              Passcode              Time/Date
                                                                    
Conference call           (913) 981-4910               227045                10 a.m. (ET), 10/26/05
Call replay               (719) 457-0820               227045                Begins: 1 p.m. (ET), 10/26/05
                                                                             Ends: 5 p.m. (ET), 11/2/05


         Live access to both calls is also available on Diebold's Web site at
www.diebold.com. The replays can be accessed on the site for three months after
the calls. Detailed financial information regarding Diebold's third quarter
results will be available on the company's Web site.


FORWARD-LOOKING STATEMENTS
         In this press release, statements that are not reported, financial
results or other historical information are "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements give current expectations or forecasts of future
events and are not guarantees of future performance. These forward-looking
statements relate to, among other things, the company's future operating
performance, the company's share of new and existing markets, the company's
short- and long-term revenue and earnings growth rates, and the company's
implementation of restructuring and other cost-reduction initiatives.

         The use of the words "believes," "anticipates," "expects," "intends"
and similar expressions is intended to identify forward-looking statements that
have been made and may in the future be made by or on behalf of the company.
Although the company believes that these forward-looking statements are based
upon reasonable assumptions regarding, among other things, the economy, its
knowledge of its business, and on key performance indicators that impact the
company, these forward-looking statements involve risks, uncertainties and other
factors that may cause actual results to differ materially from those expressed
in or implied by the forward-looking statements. The company is not obligated to
update forward-looking statements, whether as a result of new information,
future events or otherwise.



                                     (more)



PAGE 4/ DIEBOLD REDUCES OUTLOOK

         Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof. Some of the
risks, uncertainties and other factors that could cause actual results to differ
materially from those expressed in or implied by the forward-looking statements
include, but are not limited to:

o    competitive pressures, including pricing pressures and technological
     developments;

o    changes in the company's relationships with customers, suppliers,
     distributors and/or partners in its business ventures;

o    changes in political, economic or other factors such as commodity prices,
     currency exchange rates, inflation rates, recessionary or expansive trends,
     taxes and regulations and laws affecting the worldwide business in each of
     the company's operations, including Brazil, where a significant portion of
     the company's revenue is derived;

o    acceptance of the company's product and technology introductions in the
     marketplace;

o    unanticipated litigation, claims or assessments;

o    the company's ability to reduce costs and expenses and improve internal
     operating efficiencies;

o    variations in consumer demand for financial self-service technologies,
     products and services;

o    challenges raised about reliability and security of the company's election
     systems products, including the risk that such products will not be
     certified for use or will be decertified;

o    changes in laws regarding the company's election systems products and
     services;

o    potential security violations to the company's information technology
     systems;

o    the company's ability to achieve benefits from its restructuring and other
     cost-reduction initiatives; and

o    other factors affecting the company's business beyond its control,
     including, without limitation, the occurrence of natural disasters.

         Diebold, Incorporated is a global leader in providing integrated
self-service delivery and security systems and services. Diebold employs more
than 14,000 associates with representation in nearly 90 countries worldwide and
is headquartered in North Canton, Ohio, USA. Diebold reported revenue of $2.4
billion in 2004 and is publicly traded on the New York Stock Exchange under the
symbol 'DBD.' For more information, visit the company's Web site at
www.diebold.com.

                                       ###

PR/xxxx